After ending November with solid 6.2% gains, the TSX Composite started the new month on a slightly negative note as weaker commodity prices weighed on investors’ sentiments despite the release of better-than-expected U.S. manufacturing data. The main Canadian stock market index slipped by 58 points, or 0.2%, on Monday to settle at 25,590.
Even though prospects of strong holiday spending drove consumer stocks higher, heavy losses in some other key sectors like healthcare and mining offset these gains, keeping the broader TSX benchmark in negative territory.
Top TSX Composite movers and active stocks
Shares of Lightspeed Commerce (TSX:LSPD) dived by 8.2% to $24.09 per share, making it the worst-performing TSX stock for the day. This selloff in LSPD stock came after the Montréal-based commerce platform provider announced a strategic reorganization that will result in about 200 job cuts as part of its push for profitable growth.
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