Bay Street stocks opened lower Wednesday amid selling in gold stocks, with the S&P/TSX Composite Index shedding 40.86 points or 0.35 percent to 11,747.50.
Gold stocks were trading lower amid a fall in bullion prices. The Global Gold Index was down over 1 percent, with Barrick Gold (ABX.TO), Agnico-Eagle Mines (AEM.TO) and Goldcorp. (G.TO) losing over 1 percent each. Seabridge Gold (SEA.TO) and Iamgold (IMG.TO) were down over 2 percent each.
In the base-metals space, Inmet Mining (IMN.TO) slipped close to 2 percent, while First Quantum Minerals (FM.TO) and Teck Resources (TCK_B.TO) were easing around 0.50 percent each.
Meanwhile energy stocks were moving higher. Bonterra Energy (BNE.TO), Pacific Rubiales Energy (PRE.TO) and Vermilion Energy (VET.TO) added around 1 percent each.
Trez Capital Mortgage Investment Corporation (TZZ.TO) rose nearly 4 percent and MBN Corp. (MBN.TO) gathered over 5 percent.
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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.