TSX Ends Virtually Unchanged
Equities in Toronto struggled most of Wednesday before finishing slightly in the red, weighed mostly by health-care and tech concerns. The SP|TSX flirted with plus territory by the closing bell but concluded downward 15.62 points to 20,713.72. The Canadian dollar faded 0.09 cents to 79.03 cents U.S. Health-care stocks hurt the worst, as Aurora Cannabis docked 15 cents, or 7%, to $1.98, while Canopy Growth dipped 38 cents, or 6%, to $5.95. Among tech issues, HUT 8 Mining lost 33 cents, or 10.1%, to $2.94, while Dye Durham surrendered $!.48, or 6.4%, to $21.79. In consumer staples, Loblaw lost $3.16, or 2.7%, to $113.53, while NorthWest Company fell 94 cents, or 2.6%, to $35.36. Energy stocks were their usual robust selves, primarily Vermilion, up $1.45, or 5.3%, to $28.81, while Cenovus Energy galloped 81 cents or 2.8%, to $30.13. Industrials celebrated as well, with CAE Inc. flying $2.60, or 8.2%, to $34.19, while WSP Global launched $7.34 higher, or 5.3%, to $146.96. On the economic calendar, the Markit Purchasing Managers Index for May registered 56.8 in May, up from 56.2 in April.
TSX Ends Virtually Unchanged
Equities in Toronto struggled most of Wednesday before finishing slightly in the red, weighed mostly by health-care and tech concerns. The SP|TSX flirted with plus territory by the closing bell but concluded downward 15.62 points to 20,713.72. The Canadian dollar faded 0.09 cents to 79.03 cents U.S. Health-care stocks hurt the worst, as Aurora Cannabis docked 15 cents, or 7%, to $1.98, while Canopy Growth dipped 38 cents, or 6%, to $5.95. Among tech issues, HUT 8 Mining lost 33 cents, or 10.1%, to $2.94, while Dye Durham surrendered $!.48, or 6.4%, to $21.79. In consumer staples, Loblaw lost $3.16, or 2.7%, to $113.53, while NorthWest Company fell 94 cents, or 2.6%, to $35.36. Energy stocks were their usual robust selves, primarily Vermilion, up $1.45, or 5.3%, to $28.81, while Cenovus Energy galloped 81 cents or 2.8%, to $30.13. Industrials celebrated as well, with CAE Inc. flying $2.60, or 8.2%, to $34.19, while WSP Global launched $7.34 higher, or 5.3%, to $146.96. On the economic calendar, the Markit Purchasing Managers Index for May registered 56.8 in May, up from 56.2 in April.