Investing.com - Canadian equities started mixed on Wednesday, with rises in Communication Services, Energy and REIT; while the Information Technology, Industrials and Consumer Discretionary sectors declined.
At the market open in Toronto, the TSX Composite Index fell 0.29%. The TSX Venture and the TSX Smallcap also declined. The TSX Venture dropped 0.58%, while the Smallcap was down by 0.09%.
Top Gainers:
- Cogeco (TSX:CGO) Communications: Rose 4.68% or 2.62 points to 58.59
- Canfor (TSX:CFP) Corporation: Increased 4.31% or 0.64 points to 15.49
- Interfor Corp (TSX:IFP): Climbed 3.66% or 0.60 points to 17.00
Top Losers:
- Celestica Inc (TSX:CLS).: Fell 4.90% or 4.24 points to 82.26
- NexGen Energy (TSX:NXE): Dropped 4.02% or 0.390 points to 9.310
- Shopify (TSX:SHOP) Inc: Declined 3.85% or 3.67 points to 91.65
In Commodities Trading:
- Crude Oil for September delivery climbed 1.28 points to 80.99 a barrel.
- September Brent Oil Contract is up by 1.37% or 1.15 drop to 84.88 a barrel.
- Gold Futures for August delivery rose 19.90 points to 2,487.70 a troy ounce.
Currency Markets:
- USD/CAD cruises at 1.36 with a daily range of 1.3657-1.3686.
- EUR/CAD is over 1.49, cruising between 1.4899-1.4967.
- The US Dollar Index Futures was down 0.51% at 103.432
Main Economic Events:
Today's main economic event in Canada is the Foreign Securities Purchases. But the markets will be waiting for tomorrow’s retail sales numbers, which are expected to provide insights into the country's economic outlook and potential policy changes.
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