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 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.