Stocks in Toronto leapt more than 100 points today.

Tech and transport stocks led the climb, as investor gained confidence that the beginning of an economic recovery is in sight.

Military victory in Afghanistan seems to be projecting a general sense of stability.

The Toronto Stock Exchange 300 composite index closed up 107.45 points at 7,422.75. Market movement was heavy, for a Monday, as 216.6 million shares worth $3.11 billion changed hands. Overall, 10 of the 14 TSE’s 14 sub-indexes finished higher. The gold stocks – typically a safe haven in tough times – suffered from the more postive market sentiment. They dropped 3.39%.

The S&P/TSE 60 index gained 6.51 points finishing the day at 432.15. CanadaÕs venture exchange was the only North American market that didnÕt get a boost from prevailing investor sentiment. The CDNX fell 0.29 to 3051.29.

The industrial products sector showed signs of renewed heath. The tech-laden sector gained 4.08%. Nortel Networks Corp. the TSE’s gained 74¢, or 5.5%, to close at $13.43.Research In Motion climbed $2.72, or 7.8%, to $37.69, as investors applauded the company plans to introduce its products in Europe.

BombardierÕs B shares jumped $1.10, or a whopping 8.6%, to $13.90, in advance of its earnings report Ð set for release tomorrow.

South of the border, U.S. stocks gained on the continued news of military victory. The Dow Jones industrial average gained 109.47 points, or 1.11%, to 9,976.46. ThatÕs just short of the 10,000 level last seen on Sept. 5. The NASDAQ composite index added 35.84 points to close at 1,934.42.