Bay Street stocks were little changed at open Tuesday 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 7.38 points or 0.06 percent to 11,956.63.
Valeant Pharmaceuticals (VRX.TO) surged 12 percent after announcing that it would acquire Medicis Pharmaceutical Corp. for $2.6-billion.
In the oil patch, Baytex Energy Corp. (BTE.TO) and MEG Energy (MEG.TO) moved up nearly 1 percent each.
Among gold plays, Allied Nevada Gold (ANV.TO) and Royal Gold (RGL.TO) gathered around 1 percent each.
Asset management company Onex Corp. (OCX.TO) slipped 0.50 percent after it said it would acquire SGS International Inc. (SGSI) for $813 million
Manufacturer of aerospace products Héroux-Devtek Inc. (HRX.TO) said that it has sold its Aerostructure and Industrial Products operations to Precision Castparts Corp. (PCP), for a cash consideration of $300.0 million. Héroux was down 2 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.