Canadian Market Slightly Down In Cautious Trade
2024-07-13
4016
(fxcue news) - Canadian stocks are turning in a mixed performance in lackluster trade Thursday morning with investors making cautious moves, looking for directional cues.
Materials shares are weak. Technology stocks are among the other notable losers. A few stocks from communications and financials sectors are moving higher.
The benchmark S&P/TSX Composite Index is down 47.23 points or 0.21% at 22,803.94 about a quarter before noon.
Tenaz Energy Corp (TNZ.TO) shares are soaring 36%. The stock is up after the company signed an agreement to acquire all issued and outstanding shares of NAM Offshore B.V. for $180.33 million.
Quebecor Inc (QBR.TO) is up 5.8% and Canopy Growth Corporation (WEED.TO) is gaining 5%. Versa Bank (VBNK.TO), K-Bro Linen Inc (KBL.TO), Hydro One (H.TO), Stelco Holdings (STLC.TO), Boyd Group Services (BYD.TO), Fairfax Financial Holdings (FFH.TO) and Tourmaline Oil Corp (TOU.TO) are up 1 to 3%.
Teck Resources (TECK.B.TO) is declining 4.3%. Celestica Inc (CLS.TO) is down 2.7%, while Shopify Inc (SHOP.TO), EQB Inc (EQB.TO), Restaurant Brands International (QSR.TO), Descartes Systems Group (DSG.TO), goeasy (GSY.TO), Dollarama (DOL.TO) and Thomson Reuters (TRI.TO) are down 1 to 1.7%.
Sign In via X
Google
Sign In via Google
This page link：http://www.fxcue.com/32853.html
Tips：This page came from Internet, which is not standing for FXCUE opinions of this website.
Statement：Contact us if the content violates the law or your rights
Tips：This page came from Internet, which is not standing for FXCUE opinions of this website.
Statement：Contact us if the content violates the law or your rights