Bay Street stocks opened lower Monday amid selling across a variety of sectors, with the S&P/TSX Composite Index losing 98.58 points or 0.77 percent to 12,627.19.
The Diversified Materials Index shed over 1 percent, with First Quantum Minerals (FM.TO), Inmet Mining (IMN.TO) and Teck Resources (TCK_B.TO) surrendering around 2 percent each.
In the oil patch, Petrominerales (PMG.TO) lost nearly 12 percent after providing details on year-end reserves and operational updates.
Among gold stocks, Allied Nevada Gold (ANV.TO) and Centerra Gold (CG.TO) were down over 2 percent each.
In the financial space, Royal Bank (RY.TO), TD Bank (TD.TO) and National Bank (NA.TO) eased around 1 percent each.
Valeant Pharmaceuticals International (VRX.TO) slipped 1 percent even after it swung to profit in the fourth quarter.
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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.