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Royal Bank of Canada and TC Energy stocks see marginal changes

Published 2024-01-17, 03:32 a/m
Updated 2024-01-17, 03:37 a/m
© Reuters.

TORONTO - In the latest stock market updates, Canadian financial and energy sectors experienced mixed results. Shares of the Royal Bank of Canada (NYSE:TSX:RY) saw a slight uptick, while TC Energy (TSX:TRP) Corporation (NYSE:TRP) experienced a minor decrease. In contrast, Barrick Gold Corporation (NYSE:NYSE:GOLD) faced a significant drop in its share price.

Royal Bank of Canada's stock value rose modestly by 0.26% to close at $132.80. The bank's shares were actively traded, with a volume reaching approximately 11 million. This subtle gain reflects a stable trading day for the bank.

Meanwhile, TC Energy Corporation, a major energy company, saw its stock value dip by a narrow margin of 0.11%, ending the day at $53.30. The trading volume for TC Energy was reported at 7 million shares, indicating a relatively calm day for the company's stock.

In stark contrast, Barrick Gold Corporation, one of the world's largest gold mining companies, witnessed a sharp decline in its share price. Barrick Gold's shares plummeted by 8.8%, closing at $21.55. The significant drop was accompanied by a considerable trading volume of 6.5 million shares, highlighting a rough trading session for the gold mining giant.

On the other hand, Toronto-Dominion Bank (NYSE:TSX:TD) shares fell by 1.28%, closing at $80.44, with over 9 million shares changing hands. The decrease marks a notable move for one of Canada's leading banking institutions.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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