Canadian stocks started the new month on a bearish note due partly to falling crude oil prices, as investors seemed worried about the timing of potential interest rate cuts following the release of mixed U.S. manufacturing data. The S&P/TSX Composite Index slipped by 152 points, or 0.7%, on Monday to settle at 22,117.
On the one hand, some real estate and consumer noncyclical stocks climbed up during the session. On the other hand, heavy losses in sectors like energy, healthcare, and industrials pressured the TSX index.
Top TSX Composite movers and active stocks
Baytex Energy, Cenovus Energy, Headwater Exploration, and Precision Drilling were the worst-performing TSX stocks for the day, as they plunged by at least 5.8% each.
On the flip side, GFL Environmental and First Capital Real Estate Investment Trust jumped by at least 3.5% each, making them the session’s top performers on the Toronto Stock Exchange.
Shares of BRP (TSX:DOO)…
