Canadian stocks were little changed at open Friday as gauges of most sectors were stuck in the mud, resulting in a modest gain for Toronto's main index.
The S&P/TSX Composite Index edged up 8.81 points or 0.07 percent to 12,494.40.
In the oil patch, Encana Corp. (ECA.TO) soared 4 percent even after reporting fourth quarter earnings that came in less than consensus estimates.
PetroBakken Energy (PBN.TO) gained nearly 6 percent after it said it would divest certain non-core assets to Crescent Point Energy (CPG.TO). for gross cash proceeds of $427 million. Shares of Crescent Point shed 2 percent.
Property and casualty insurance services provider Fairfax Financial Holdings (FFH.TO) lost nearly 4 percent after reporting a wider fourth-quarter net loss
Gold stocks were marginally lower, with Agnico-Eagle Mines (AEM.TO) and Barrick Gold (ABX.TO) losing close to 1 percent each.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.