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TSX Flat in Muted Trading Day with US Markets Closed for Thanksgiving

Published 2023-11-23, 02:46 p/m
© Reuters.

By Ketki Saxena -- With no major economic data on the docket and US markets closed for Thanksgiving, the TSX traded flat by afternoon trading.

Toronto Stock Market News

First Quantum (TSX:FM) shares saw an increased price target from BMO (TSX:BMO). Meanwhile, BNNBloomberg reports that First Quantum is winding down operations at its Cobre Panama mine after a blockade by protestors prevented the delivery of supplies necessary for the operation of its mine.

A Brookfield (TSX:BBU_u)-led consortium of investors to take over Australia's Origin Energy Ltd faces a hurdle, as the utility's largest shareholder opposed the proposal. The vote by shareholders on a takeover offer by shareholders has said after Pension fund manager AustralianSuper, which holds a stake of over 17% in Origin said that it will vote against the offer.

Shares of Empire Company (TSX:EMPa) fell after National Bank of Canada (TSX:NA) downgraded the stock to "Sector Perform" from "Outperform".

For earnings, view our earnings calendar.

Toronto Stocks Moving Markets Today:

Top Gainers on the TSX Today:

  • NexGen Energy (TSX:NXE)
  • Torex Gold (TSX:TXG)
  • Birchcliff Energy (TSX:BIR)

Top Losers on the TSX Today:

  • Empire Company Ltd (TSX:EMPa)
  • Storage Vault Canada Inc (TSX:SVI)
  • Telus (TSX:T) International

For all Toronto Stocks Moving Markets today, view our Canada Markets Page.

In Canadian Economics

A flash estimate from Statistics Canada shows that Canadian wholesale trade fell 1.1% in October from September, on a preliminary basis.

For all Canadian economic releases, view our economic calendar.

All currencies Canadian Dollar unless noted otherwise.

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