Toronto stocks dived at open Friday amid selling across a variety of sectors, with the S&P/TSX Composite Index shedding 63.73 points or 0.52 percent to 12,275.12.
Among financial stocks, Scotiabank (BNS.TO), Royal Bank (RY.TO) and CIBC (CM.TO) were down around 1 percent each, while National Bank (NA.TO) was slipping 0.50 percent.
In the oil patch, Baytex Energy Corp. (BTE.TO), Pacific Rubiales Energy (PRE.TO) and Enbridge Inc. (ENB.TO) were down around 1 percent each.
Among gold plays, Royal Gold (RGL.TO), Agnico-Eagle Mines (AEM.TO) and Goldcorp. (G.TO) surrendered around 1 percent each.
Meanwhile, smart phone maker Research In Motion Ltd. (RIM.TO) surged nearly 12 percent after reporting a second-quarter loss that came in better than what the Street expected.
Software services provider NexJ Systems Inc. (NXJ.TO) rose close to 5 percent.
Electric power transmission company TransAlta Corp. (TA.TO) edged up 0.25 percent after announcing the acquisition of the Solomon power station for $318 million.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.