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