Canadian stocks fell sharply for the third consecutive session on Tuesday as recent weakness in commodity markets and a selloff in global equities amid heightened U.S. recession fears weighed on investors’ sentiments. After diving by as much as 568 points in intraday trading, the S&P/TSX Composite Index recovered later during the session to settle at 21,979, down 248 points, or 1.1%, from its previous closing.
While all key market sectors trended downward, heavy losses in healthcare, mining, and consumer stocks primarily pressured the TSX benchmark yesterday.
Top TSX Composite movers and active stocks
Algoma Steel, Osisko Mining, SSR Mining, Energy Fuels, and Aya Gold & Silver were the worst-performing TSX stocks for the day, tanking by at least 6.7% each.
Pet Valu Holdings (TSX:PET) also slipped by more than 5% to $25.32 per share, making it among the bottom performers on the Toronto Stock Exchange. These sharp declines in PET…
