Canadian stocks opened lower Wednesday amid marginal selling in metal stocks, with the S&P/TSX Composite Index shedding 29.49 points or 0.25 percent to 11,635.22.
The Global Gold Index was down over 2 percent, with Goldcorp. (G.TO), Seabridge Gold (SEA.TO) and Iamgold (IMG.TO) losing close to 4 percent each, Barrick Gold (ABX.TO) and Royal Gold (RGL.TO) were down around 2 percent each.
Media company Torstar Corp. (TS_B.TO) dived over 5 percent after reporting a drop in second-quarter net income.
In the oil patch, global, upstream oil and gas company Talisman Energy Inc. (TLM.TO) edged up 1 percent despite posting a significantly lower second quarter net income.
Niko Resources (NKO.TO) and Pacific Rubiales Energy (PRE.TO) edged up 0.50 percent each.
Food and beverages company Maple Leaf Foods Inc. (MFI.TO) rose 3 percent after posting improved second-quarter net income.
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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.