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TSX Composite drops at market open; Ivey PMI in focus

Published 2024-11-06, 09:55 a/m
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Investing.com - Canadian equities started mixed on Wednesday. The top gainers were Metals & Mining, Capped Financial and Capped Information Technology. Capped Materials, Renewable Energy and Clean Technology and Capped Real Estate were the top losers.

At the market open in Toronto, the TSX Composite Index fell0.41%. The TSX Venture and the TSX Smallcap also declined. The TSX Venture dropped 0.76%, while the Smallcap was down by 0.73%.

TSX Composite

Top Gainers:

  • iA Financial (TSX:IAG): Rose 10.99% or 12.64 points to 127.65.
  • Algoma Steel (TSX:ASTL): Climbed 6.51% or 0.95 points to 15.55.
  • Pason Systems Inc (TSX:PSI).: Increased 5.63% or 0.78 points to 14.64.

Top Losers:

  • Stella-Jones Inc. (TSX:SJ): Dropped 14.97% or 13.13 points to 74.59.
  • Ero Copper (TSX:ERO): Fell 8.65% or 2.23 points to 23.54.
  • Tilray (TSX:TLRY): Declined 9.80% or 0.24 points to 2.21.

In Commodities Trading:

  • January Brent Oil Contract fell by 1.32% or 1.00 points to 74.53 a barrel.
  • Crude Oil for December delivery dropped 0.85 points to 71.14 a barrel.
  • Gold Futures for December delivery decreased 86.95 points to 2,662.75 a troy ounce.

Currency Markets:

Main Economic Events:

Today's main economic calendar for Canada has Ivey PMI data in focus.

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