After posting a fresh all-time high last week, Canadian stocks started the new week on a slightly negative note as rising treasury bond yields amid renewed concerns about the timing of future interest rate cuts kept investors wary. The S&P/TSX Composite Index slid by 50 points, or 0.2%, yesterday to close at 22,259.
Despite a rally in the shares of some healthcare companies, weakness in most other key market sectors, including mining, industrials, and utilities, pressured the main TSX index.
Top TSX Composite movers and active stocks
Torex Gold Resources, OceanaGold, Osisko Mining, and New Gold were the worst-performing TSX stocks for the day as they plunged by at least 4.5% each.
On the flip side, BlackBerry, Ballard Power Systems, and Methanex surged by at least 4.6% each, making them the session’s top-performing TSX stocks.
Premium Brands Holdings (TSX:PBH) was also among the top gainers on the
