India, May 15 -- Extending the upward trend seen over the past several sessions, Canadian stocks moved mostly higher over the course of the trading day on Thursday.

The benchmark S&P/TSX Composite Index climbed 205.03 points or 0.8 percent to 25,897.48, closing higher for the eighth straight day and reached a record closing high.

Canadian stocks continued to benefit from recent upward momentum, which comes amid easing trade concerns after the U.S. announced trade deals with the U.K. and China.

Gold stocks helped lead the way higher amid a rebound by the price of the precious metal, driving the S&P/TSX Global Gold Index up by 2.2 percent.

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1568189509843-0'); });

Considerable s...