Bay Street opened lower on Monday on widespread selling with financials, energy and gold stocks turning in particularly poor performances. The S&P/TSX Composite Index was down 42.66 points or 0.38% to 11,180.46.
The Gold Index declined 0.89% despite a marginal rise in the price of bullion. Rand Gold (GOLD.TO) was down 1.46% and Kinross Gold (K.TO) gave in 1.78%.
Among energy plays, Baytex Energy (BTE_UN.TO) shed 1.15% and Imperial Oil (IMO.TO) lost 0.89%. However, Encana Corp (ECA.TO) added 0.18%.
Fertilizer maker Potash Corp (POT.TO) eased 0.14% despite positive news on the demand scenario. Meanwhile, Agrium Inc. (AGU.TO) edged up 0.10%.
Bombardier Inc (BBD_A.TO) rose a marginal 0.18% after it said it has bagged an additional order for 48 TALENT 2 trains from Deutsche Bahn for $272 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.