Two steps backwards and one step forward is the name of the game as the Canadian Markets recovered from Monday’s drubbing by posting solid gains during Tuesday trading. For the tale of the tape, the TSX Exchange rallied 4.15%, while the TSX Gold Index fell 0.8% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, tacked on 2.39% with the advancing issuers inching past the decliners by a 474 to 460 margin on volume of 122 million shares traded.

The bears continued to rule over the bigger board stocks, while the junior bourse managed to squeeze out a modest gain during Wednesday trading on the Canadian markets.