Despite a positive U.S. non-farm employment report for September, Canadian equities faced some pressure on Wednesday as investors monitored escalating tensions in West Asia and the Middle East. After rallying by as much as 79 points in intraday trading, the S&P/TSX Composite Index couldn’t sustain its momentum and slipped 32 points to end at 24,002.
On the one hand, some sectors, like consumer cyclicals and technology, trended upward. On the other hand, selling in healthcare, real estate, and utility stocks dragged the overall market lower, contributing to the TSX Composite’s decline by the end of the day.
Top TSX Composite movers and active stocks
Parex Resources, Winpak, Bank of Nova Scotia, Primaris REIT, and Finning International were the worst-performing TSX stocks for the day, with each sliding by at least 2.2%.
In contrast, Energy Fuels (TSX:EFR) jumped by 4.6% to $7.93 per share, making it the session’s top-performing…
