Bay Street stocks opened lower Wednesday amid marginal selling across a variety of sectors, with the S&P/TSX Composite Index slipping 21.66 points or 0.19 percent to 11,475.64.
The Energy Index was the major loser at open, shedding over 1 percent. Niko Resources (NKO.TO) lost close to 6 percent. Suncor Energy (SU.TO), Encana Corp. (ECA.TO), Baytex Energy Corp. (BTE.TO) and Trilogy Energy (TET.TO) slipped around 2 percent each.
Oil and gas company Enerplus Corp. (ERF.TO) shed over 3 percent even after reiterating production growth targets for 2012.
In the base-metals space, Teck Resources (TCK_B.TO) lost 2 percent, while First Quantum Minerals (FM.TO) and Inmet Mining (IMN.TO) were down fractionally.
Meanwhile, Dollarama Inc. (DOL.TO) rose over 4 percent after posting d improved first quarter net earnings.
by RTT Staff Writer
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