After reaching its highest level in more than 18 months in the previous session, the Canadian stock market turned negative on Thursday, as weakening crude oil and metals prices weighed on investors’ sentiments. The S&P/TSX Composite Index fell 87 points, or 0.4%, yesterday to 20,929, a day after settling above the key 21,000 level.
Even as healthcare and technology stocks continued to attract renewed buying, heavy losses in commodity-linked sectors like mining and energy pressured the main TSX benchmark.
Top TSX Composite movers and active stocks
Energy Fuels (TSX:EFR) dived by more than 7% to $9.48 per share, making it the worst-performing TSX stock for the day. This selloff in EFR stock came a day after the American lithium firm signed a Memorandum of Understanding (MOU) with Astron Corporation to jointly develop the Australia-based Donald Mineral Sands Project with an aim to secure a large-scale source of rare earth minerals…
