The Canadian equities market continued to decline from its historical highs for the fifth consecutive session on Tuesday as investors kept a close eye on the latest updates related to the ongoing geopolitical conflicts in West Asia. The S&P/TSX Composite Index fell 97 points, or 0.4%, yesterday to settle at 21,643 — roughly 3.2% lower from its all-time highs posted last week.
Despite a notable intraday recovery in healthcare and tech stocks, heavy losses in other key market sectors like utilities and financials weighed on the TSX benchmark. Also, most commodity prices, except gold, trended downward, pressuring commodity-linked stocks.
Top TSX Composite movers and active stocks
First Majestic Silver, Barrick Gold, Boralex, and NorthWest Healthcare Properties REIT were the worst-performing TSX stocks yesterday as they dived by at least 3.2% each.
Shares of Ballard Power Systems (TSX:BLDP) also slipped 1.8% to $3.78 per share,…
