Investing.com - Financial Markets Worldwide

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

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

By Ketki Saxena

Investing.com -- 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.

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.