Bay Street stocks were little changed at open Wednesday with commodities losing ground, while healthcare stocks were in the limelight. The S&P/TSX Composite Index edged down 2.57 points or 0.02 percent to 12, 134.37.
The Healthcare Index gained close to 3 percent, with SXC Health Solutions (SXC.TO) adding nearly 10 percent. The pharmacy benefit management services provider said it would acquire Catalyst Health Solutions Inc. (CHSI) in a cash and stock transaction valued at about $4.4 billion.
Convenience stores operator Alimentation Couche-Tard (ATD_A.TO) surged over 15 percent after announcing that it would acquire Statoil Fuel & Retail ASA for NOK 53 per share cash.
Among base-metals stocks, Ivanhoe Mines (IVN.TO) gained 7 percent after announcing that it would proceed with $1.80 million a rights offering .
Among gold stocks, Gabriel Resources Ltd. (GBU.TO) gained nearly 9 percent
Meanwhile, energy stocks were trading lower, with Niko Resources (NKO.TO) and Suncor Energy (SU.TO) losing over 1 percent each.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.