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TSX stays in the red as BoC holds rates, financials fall

Article content Canada’s main stock index stayed in negative territory following a lower open on Wednesday after the Bank of Canada held its key lending rate steady, while heavyweight financial stocks declined. At 10:06 a.m. ET (1406 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was down 74.52 points, or 0.37%, at 19,991.4. We apologize, but this video has failed to load. Try refreshing your browser, or TSX stays in the red as BoC holds rates, financials fall Back to video The Bank of Canada left its key interest rate unchanged at 0.25%, as expected, and said it would maintain its current policy of quantitative easing.

CANADA STOCKS-TSX stays in the red as BoC holds rates, financials fall

CANADA STOCKS-TSX stays in the red as BoC holds rates, financials fall Reuters 1 hr ago Popular Searches June 9 (Reuters) - Canada s main stock index stayed in negative territory following a lower open on Wednesday after the Bank of Canada held its key lending rate steady, while heavyweight financial stocks declined. At 10:06 a.m. ET (1406 GMT), the Toronto Stock Exchange s S&P/TSX composite index was down 74.52 points, or 0.37%, at 19,991.4. The Bank of Canada left its key interest rate unchanged at 0.25%, as expected, and said it would maintain its current policy of quantitative easing. Eight of the index s 11 major sectors were trading lower, led by the financials sector, which slipped 0.8%.

TSX falls as material stocks weigh

TSX falls as material stocks weigh 06/03/2021 | 10:21am EDT Send by mail : Message : Required fields (Reuters) - Canada s main stock index fell on Thursday from a record high scaled in the previous session, as material stocks tracked weakness in gold prices following strong U.S. jobs data. The materials sector, which includes precious and base metals miners and fertilizer companies, lost 2.5% as gold futures fell 1.6% to $1,876.5 an ounce. [GOL/] At 09:38 a.m. ET (13:38 GMT), the Toronto Stock Exchange s S&P/TSX composite index was down 25.19 points, or 0.13%, at 19,945.96. Inter Pipeline said it recommends Pembina Pipeline Corp s proposal over Brookfield Infrastructure Partners LP s higher takeover offer to its shareholders.

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