TSX Slumps by Close
Stocks in Canada's largest market took some bruises Wednesday, with health and industrial stocks taking the brunt of it, on a day when Canadian indexes could bask in the attention.
The TSX Composite Index declined 94.4 points to conclude Wednesday at 21,516.90.
The Canadian dollar advanced 0.3 cents to 72.94 cents U.S.
Health-care weakness weighed most heavily Wednesday, with Bausch Health Companies forfeiting 16 cents, or 1.8%, to $8.71, while Chartwell Retirement Residences sliding 19 cents, or 1.5%, to $12.63.
Industrials also felt the sting, with AtkinsRealis Group ditching $1.21, or 2.1%, to $57.55, while Canadian National Railways fell $3.09, or 1.9%, to $159.40.
In financials, Brookfield Corporation lost $1.47, or 2.6%, to $55.27, while Fairfax Financial Holdings sank $16.60, or 1.1%, to $1,515.01.
Only gold pointed upward, with Centerra Gold grabbing five cents to $9.36, while Alamos Gold tacked on 11 cents to $21.35.
Oil prices doffed 10 cents to $81.47 U.S. a barrel.
Gold prices sank $4.20 to $2,342.70 U.S. an ounce.
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ON BAYSTREET
The TSX Venture Exchange shed 3.75 points to 571.88.
All but one of the 12 subgroups lost ground, with health-care and industrials each fading 1%, and financials off 0.7%.
Only gold shone brightly at all, up 0.04%.
ON WALLSTREET
Markets south of the border were shuttered Wednesday for the “Juneteenth” holiday. They will re-open Thursday.