Canadian Market Remains In Negative Territory, Looks Headed For Weak Close
(RTTNews) - The Canadian market, which fell after a recovery from slightly weak start Wednesday morning, remains in negative territory in late afternoon trades, weighed down by losses in healthcare, utilities and technology sectors.
Consumer staples and energy stocks are finding some support, while shares from financials, industrials, and consumer stocks are exhibiting a mixed trend.
The benchmark S&P/TSX Composite Index, which advanced to 20,779.24 earlier in the session, is down 55.64 points or 0.27% at 20,669.36.
Tecsys Inc (TCS.TO), Canada Goose Holdings (GOOS.TO), Nuvei Corporation (NVEI.TO), Enbridge (ENB.TO), Nutrien (NTR.TO) and Shopify Inc (SHOP.TO) are down 2 to 5%.
Brookfield Asset Management (BAM.TO) is rising 3.6%. Cargojet (CJT.TO), Stelco Holdings (STLC.TO), Imperial Oil (IMO.TO) and Loblaw Companies (L.TO) are gaining 2 to 3%.
MTY Food Group (MTY.TO), Bombardier Inc (BBD.A.TO), Ritchie Bros. Auctioneers (RBA.TO), Precision Drilling Corporation (PD.TO) and Boyd Group Services (BYD.TO) are up 1 to 2%.
U.S. Dollar Falls Against Euro, Pound
Swiss Market Ends On Weak Note
European Markets Close Weak On Growth Concerns, Fading Fed Rate Cut Hopes
Canadian Market Rebounds From Early Setback; Technology, Energy Stocks Rise
Bay Street Likely To Open On Weak Note
FTSE 100 Down Sharply As Bond Yields Climb Higher
CAC 40 Sheds About 1.3% On Economic Concerns
