TSX Plummets on Day, Week

Date:

Equities in Canada’s largest market ended the week on a down note, as resource stocks weighed Friday.

The TSX Composite Index dropped 26.49 points to close Friday and the week at 21,554.86, for a decline of 84 points, or 0.39%.

The Canadian dollar weakened 0.06 cents to 73.02 cents U.S.

Energy stocks proved the chief culprit, as PrairieSky Royalty stumbled $1.26, or 4.6%, to $25.90, while Enerplus went south 93 cents, or 3.4%, to $26.78.

Among materials, Ivanhoe Mines dropped 74 cents, or 4.1%, to $17.24, while First Majestic Silver peeled off 37 cents, or 4.2%, to $8.38.

Gold dulled in price as well, as Iamgold handed back 18 cents, or 3.4%, to $5.07, while Equinox Gold jettisoned 25 cents, or 3.3%. to $7.34.

Tech stocks, however, tried to restore the balance, with Dye & Durham gaining 55 cents, or 4.9%, to $11.79, while Lightspeed…

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...