Canadian Stocks Turning In Mixed Performance; TSX Down Marginally

(RTTNews) - After a positive start and a subsequent drop early on in the session, the Canadian market remains weak around early afternoon on Thursday, weighed down by losses in consumer staples, industrials and communications sectors.

Technology stocks are finding some support. Shares from energy, financials and real estate sectors are turning in a mixed performance.

The benchmark S&P/TSX Composite Index, which eased to 28,349.61 earlier in the session, was down 22.05 points or 0.08% at 28,410.95 a few minutes ago.

Toronto-Dominion Bank (TD.TO) is down by about 4.5% after the group reported adjusted net income of $3,871 million for the quarter ended July 31, 2025, compared with $3,646 million in the corresponding quarter of the previous year.

Canadian Imperial Bank of Commerce (CM.TO) reported third-quarter net income of $2,096 million, compared to $1,795 million in the third quarter of the previous financial year. The stock is gaining about 1.8%.

EQB Inc. is tanking nearly 11%. Canada Goose Holdings is down more than 5%. Iamgold Corp., Gran Tierra Energy, Endeavour Mining, Dundee Precious Metals, Ero Copper, Canadian National Railway, Keyera Corp., Spin Master, Magna International, Bombardier, Boralex and Fortis are down 1.4 to 2.7%.

Canopy Growth Corp is soaring nearly 15%. Corus Entertainment is surging 11%, while Celestica, Cameco, Tilray, Mattr Corp, TransAlta, Cronos Group, NexGen Energy and Enerflex are up 2.5 to 4.6%.

Canada's current account deficit widened by C$19.8 billion in Q2 2025 to a record C$21.2 billion, driven by a sharp deterioration in the goods trade balance, data from Statistics Canada showed.

Exports dropped 13.1% to C$182.2 billion, the lowest since late 2021, pressured by US tariffs and a stronger Canadian dollar. Imports fell 4.0% to C$201.8 billion.

Average weekly earnings in Canada rose by 3.7% year-over-year to CAD 1,302.11 in June 2025, accelerating from a 3.3% gain in the previous month, a separate data from Statistics Canada showed.