The Canadian equities market started the new week on a slightly negative note after rallying in the previous four consecutive sessions as falling commodity prices amid the strengthening U.S. dollar weighed on investors’ sentiments. The S&P/TSX Composite Index slipped by 43 points, or 0.2%, on Monday to settle at 20,410 after reaching its highest closing level in more than two months in the previous session.
Even as healthcare, real estate, and consumer cyclical sectors continued to attract buying, big losses in mining and energy stocks drove the TSX benchmark downward.
Top TSX Composite movers and active stocks
Falling precious metals prices drove mining stocks, like Endeavour Silver, Athabasca Oil, B2Gold, and IAMGOLD, down by at least 4.5% each, making them the worst-performing TSX stocks for the day.
On the positive side, shares of Nuvei (TSX:NVEI) jumped by 6.3% to $30.37 per share after announcing a key business update. On…
