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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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.