Stocks Slide to Close August
Stocks in Toronto declined sharply Wednesday, as weakness in metals more than offset gains in health-care and technology issues. The TSX declined 182.09 points to finish Wednesday at 19,330.81 The Canadian dollar fell 0.25 cents to 76.14 cents U.S. Gold weighed heaviest on the market, as B2Gold fell six cents, or 1.5%, to $4.02, while Eldorado Gold dropped off nine cents, or 1.2%, to $7.25. In communications, Rogers hurtled lower 84 cents, or 1.5%, to $56.62, while Quebecor lost 31 cents, or 1.1%, to $28.40. In materials, Agnico Eagle Mines skidded $1.17, or 2.1%, to $54.25, while SilverCrest Metals dipped a dime, or 1.4%, to $7.17. Health-care concerns had a good day, however, led by Bausch Health, up $1.17, or 17.4%, to $7.89, while Aurora Cannabis tacked on 12 cents, or 6%, to $2.11. In techs, Dye Durham jumped 76 cents, or 5.5%, to $14.50, while Open Text Corporation popped $1.15, or 2.8%, to $41.59. In industrials, Bombardier leaped 71 cents, or 2.1%, to $32.73, while Finning International hiked 60 cents, or 2.2%, to $28.26.
Stocks Slide to Close August
Stocks in Toronto declined sharply Wednesday, as weakness in metals more than offset gains in health-care and technology issues. The TSX declined 182.09 points to finish Wednesday at 19,330.81 The Canadian dollar fell 0.25 cents to 76.14 cents U.S. Gold weighed heaviest on the market, as B2Gold fell six cents, or 1.5%, to $4.02, while Eldorado Gold dropped off nine cents, or 1.2%, to $7.25. In communications, Rogers hurtled lower 84 cents, or 1.5%, to $56.62, while Quebecor lost 31 cents, or 1.1%, to $28.40. In materials, Agnico Eagle Mines skidded $1.17, or 2.1%, to $54.25, while SilverCrest Metals dipped a dime, or 1.4%, to $7.17. Health-care concerns had a good day, however, led by Bausch Health, up $1.17, or 17.4%, to $7.89, while Aurora Cannabis tacked on 12 cents, or 6%, to $2.11. In techs, Dye Durham jumped 76 cents, or 5.5%, to $14.50, while Open Text Corporation popped $1.15, or 2.8%, to $41.59. In industrials, Bombardier leaped 71 cents, or 2.1%, to $32.73, while Finning International hiked 60 cents, or 2.2%, to $28.26.