Bay Street stocks moved down at open Thursday amid selling across a variety of sectors, with the S&P/TSX Composite Index dipping 38.05 points or 0.31 percent to 12,071.84.
The Global Gold Index was down over 1 percent, with Barrick Gold (ABX.TO), Goldcorp. (G.TO) and Kinross Gold (K.TO) losing around 1 percent each.
In the oil patch, Suncor Energy (SU.TO) was down about 1 percent, while Niko Resources (NKO.TO) was gaining over 6 percent after increasing its proved reserves by 160 percent.
Meanwhile, travel operator Transat A.T. Inc. (TRZ_A.TO, TRZ_B.TO) jumped over 9 percent despite reporting a wider second quarter loss.
Smart phone maker Research In Motion (BB.TO) moved up over 2 percent.
Lundin Mining Corp. (LUN.TO) rose over 3 percent after it said it will buy the Eagle nickel and copper mine in the U.S. from Anglo-Australian mining giant Rio Tinto plc for about $325 million.
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Business News
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.