TSX rises 0.3 percent as tech shares lead recovery

The TSX rose 0.3% as tech shares led a recovery from intraday lows. Hopes for an end to the Middle East conflict helped cool oil prices and inflation fears.

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Canada's primary stock index bounced back from sharp early losses on Monday, buoyed by a rally in technology stocks and growing optimism for a resolution to Middle East tensions. The S&P/TSX Composite Index finished the day up 105.6 points, or 0.3%, at 33,189.32, recovering from its lowest intraday point since February 6.

The Art Deco facade of the historic Toronto Stock Exchange building on Bay Street in Toronto, Ontario. REUTERS/Chris Helgren
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