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.
For comments and feedback contact: editorial@rttnews.com
Business News
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.