Bay Street stocks opened lower Thursday amid marginal selling across a variety of sectors, with the S&P/TSX Composite Index shedding 20.22 points or 0.17 percent to 12,090.84.
Potash Corp. (POT.TO) lost close to 4 percent after reporting a sharp fall in its first quarter net income.
In the oil patch, Suncor Energy (SU.TO), Crescent Point Energy (CPG.TO) and Niko Resources (NKO.TO) were down around 1 percent each.
Meanwhile, MEG Energy (MEG.TO) rose close to 3 percent
Among gold plays, Goldcorp. (G.TO) lost close to 4 percent, while Royal Gold (RGL.TO) and Agnico-Eagle Mines (AEM.TO) were adding over 1 percent each
In the base-metal space, Lundin Mining (LUN.TO) gathered over 2 percent despite reporting a lower first quarter net income. Teck Resources (TCK_B.TO) was up over 1 percent.
TransGlobe Apartment Real Estate Investment Trust (TGA_UN.TO) soared over 15 percent to C$14.30 after it said it would be acquired by PD Kanco LP and Starlight Investments Ltd. for $14.25 per unit.
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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.