© Reuters.
By Ketki Saxena
Investing.com – After rising over 8% in 2023, Canada’s main stock index, the S&P/TSX Composite started the new year on a muted note.
The Canadian index tracked Wall Street lower in the first trading session of 2024, as treasury yields climbed with investors adjusted rate cut expectations, and as Apple shares (NASDAQ:) fell after a downgrade from Barclays (LON:).
Toronto Stock Market News
Agnico Eagle Mines (TSX:) Ltd announced its acquisition of a minority stake in Canada Co. Ltd., purchasing 19.6 million units of Canada Nickel in a flow-through offering at a price of $1.18 per unit for a total of $23.1 million.
Great-West Lifeco (TSX:) Inc. announced that it has closed the sale of Putnam Investments to Franklin Resources Inc (NYSE:)., which operates as Franklin Templeton. Under the deal, Great-West Lifeco will retain a 4.9% stake in Franklin Templeton, distribute Franklin Templeton…
