Bay Street stocks dipped at open Monday amid selling in energy and base-metals stocks, with the S&P/TSX Composite Index shedding 63.74 points or 0.54 percent to 11,807.49.
The Diversified Materials Index was down nearly 2 percent, with Inmet Mining (IMN.TO) losing over 3 percent. Teck Resources (TCK_B.TO) and First Quantum Minerals (FM.TO) shed close to 2 percent each.
In the oil patch, Niko Resources (NKO.TO) lost over 5 percent. TransGlobe Energy (TGL.TO) surrendered close to 3 percent despite posting a much improved first-quarter net earnings.
Bonterra Energy (BNE.TO), MEG Energy (MEG.TO) and Petrobakken Energy (PBN.TO) were down close to 2 percent each.
Meanwhile, gold stocks were trading steady, with Agnico-Eagle Mines (AEM.TO) and Alamos Gold Inc. (AGI.TO) adding nearly 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.