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TSX Flat At Open Wednesday

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

Toronto stocks were little changed at open Wednesday as gauges of most sectors were stuck in the mud, resulting in a modest gain for Toronto's main index. The S&P/TSX Composite Index edged up 18.55 points or 0.16 percent to 11,882.05.

Among base-metals stocks, HudBay Minerals (HBM.TO) rose over 5 percent, while First Quantum Minerals (FM.TO) and Teck Resources (TCK_B.TO) were losing around 1 percent each.

In the oil patch, Sunlife Financial (SLF.TO), Canadian Natural Resources (CNQ.TO) and Canadian Oil Sands (COS.TO) were down nearly 1 percent each.

Brookfield Residential Properties Inc. (BRP.TO) slipped 0.50 percent even after reporting higher second-quarter net income.

Among gold stocks, Goldcorp. (G.TO) and Barrick Gold (ABX.TO) were up around 1 percent each.

West Africa focused gold miner Avion Gold Corp. (AVR.TO) surged over 26 percent after it said it would be acquired by Endeavour Mining Corp. (EDV.TO). Shares of Endeavour dived 13 percent.

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