Canadian stocks declined for a second consecutive session on Friday as the latest U.S. non-farm payrolls and domestic jobs data raised fears of a near-term recession. These reports, along with weaker commodity prices, drove the S&P/TSX Composite Index down by 207 points, or 0.9%, to 22,781, its lowest closing level in over three weeks.
While all key market sectors ended the session in the red, the selloff was mainly led by heavy losses in mining, consumer cyclical, and tech stocks.
Top TSX Composite movers and active stocks
Celestica, CES Energy Solutions, Hudbay Minerals, and Methanex (TSX:MX) were the worst-performing TSX stocks for the day, with each falling by at least 5.2%.
On the flip side, shares of Enghouse Systems (TSX:ENGH) climbed by 5.6% to $30.61 per share, making it the last session’s top-performing TSX stock. This rally in ENGH stock came a day after the Markham-based software company announced its…
