Canadian Stocks Fall 0.4% in Early Trading

Dow Jones
Jul 28

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in Canada slipped during early trading Tuesday, as the S&P/TSX Composite Index declined 0.4% to 35413.86.

Among local companies with a market cap of at least 1 billion Canadian dollars ($709.2 million), Almonty Industries is the biggest early laggard, plunging 11%, followed by shares of Hut 8, which tumbled 11%. Shares of Northern Dynasty Minerals tumbled 7.3%.

TFI International is the biggest leader this morning, surging 5.4%, and Constellation Software surged 4.3%. Thomson Reuters rounds out the top three movers, as shares gained 4.2%.

On the currency front, the WSJ Dollar Index was flat at 97.57. The Canadian dollar strengthened 0.2% against the U.S. dollar to US$0.71.

In the bond markets, the 10-year Canadian government bond yield declined 0.98 basis point to 3.546%.

Data source: Dow Jones Market Data, FactSet

 

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