Bay Street stocks dipped at open Monday amid selling across a variety of sectors, with the S&P/TSX Composite Index losing 104.55 points or 0.91 percent to 11,330.99.
The Diversified Materials Index lost over 2 percent, with First Quantum Minerals (FM.TO) shedding close to 4 percent. Inmet Mining (IMN.TO) and Teck Resources (TCK_B.TO) were down around 2 percent each.
In the oil patch, Coastal Energy (CEN.TO) surrendered about 4 percent. Suncor Energy (SU.TO) and Paramount Resources (POU.TO) were down around 2 percent each.
In the financial space, Royal Bank (RY.TO) and TD Bank (TD.TO) slipped nearly 1 percent each.
Research In Motion Ltd. (RIM.TO) moved down about 3 percent amid reports that the company is planning to split its business into two by separating its handset division from its messaging network.
Meanwhile, gold stocks were marginally higher, with Royal Gold (RGL.TO) and Agnico-Eagle Mines (AEM.TO) edging up around 1 percent each.
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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.