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TSX Flat At Open Friday

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Canadian stocks were little changed at open Friday amid marginal buying across a variety of sectors, with the S&P/TSX Composite Index edging up 1.73 points to 11,641.48.

Among base-metals stocks, Teck Resources (TCK_B.TO) gained close to 2 percent, while Inmet Mining (IMN.TO) and First Quantum Minerals (FM.TO) were adding about 1 percent each.

Transportation and logistics services provider TransForce Inc. (TFI.TO) gained 5 percent after posting higher second quarter net income,.

In the oil patch, ARC Resources (ARX.TO) moved up 3 percent, while Suncor Energy (SU.TO) and Niko Resources (NKO.TO) were slipping nearly 1 percent each.

Independent power producer Capital Power Corp. (CPX.TO) shed over 1 percent after posting a wider second quarter net loss.

Gold stocks were trading lower, with Goldcorp. (G.TO) and Barrick Gold (ABX.TO) shedding around 1 percent each.

Eldorado Gold (ELD.TO) lost 2 percent after reporting d a much lower second-quarter net income.

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