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S&P/TSX Composite Index up 190 Points Mid-Morning Friday; Information Technology The Top Gainer

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The S&P/TSX Composite Index, which rose 320 points in earlier trade, pared its gains and was last seen up near 190 points mid-morning Friday.

The bounce followed Thursday's sharp drop to a six-week low.

The best performing sectors were information technology and base metals, up 3% and 1.3%, respectively. Gold and other precious metal commodity prices were also higher.

Energy fell 1.2% on last look, tracking lower oil prices, followed by the healthcare sector, down 0.7%.

In stocks, Descartes Group (DSG.TO) rose 4.4% to CA$102.90 after it reported a second-quarter earnings beat Thursday evening.

What else is happening in Mining & Metals?

Mining & Metals

Enghouse Systems Q3 Net Earnings, Revenue Decline

Enghouse Systems (ENGH.TO) said Thursday after trade that its third-quarter net earnings declined 9.7% to CA$0.28 per share, from CA$0.31 per share in the prior year period.Analysts polled by FactSet had expected CA$0.32 per share.The provider of enterprise software solutions said quarterly revenue fell 6.4% to CA$117.6 million for the period ended July 31, slightly below analysts' expectation of CA$118 million.The company will pay a regular quarterly dividend of $0.31 per share on Nov. 27 to shareholders of record on Nov. 13.Enghouse shares closed up CA$0.14 at CA$15.64 on the Toronto Stock Exchange.

$ENGH.TO
Mining & Metals

Wall Financial Fiscal Second-Quarter Earnings and, Revenue Rise Year Over Year

Wall Financial Corporation (WFC.TO) after the market close Thursday reported fiscal second-quarter earnings of CA$0.54 per share, compared with CA$0.39 per share in the prior-year period.Revenue for the quarter ended July 31 was CA$56.9 million, up from CA$51.9 million in the same period last year.Wall Financial shares closed up CA$0.90 to CA$20.90 on the Toronto Stock Exchange on Friday.

$WFC.TO
Mining & Metals

Earnings Flash (TCS.TO) Tecsys Inc. Reports Q1 2027 Revenue CA$50.0M, vs. FactSet Est of CA$47.7M

$TCS.TO