Canadian Stocks Increase 0.3% in Morning Trading

Dow Jones
Yesterday

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in Canada rose during early trading Wednesday, as the S&P/TSX Composite Index added 0.3% to 37054.83.

Among local companies with a market cap of at least 1 billion Canadian dollars ($720.9 million), New Pacific Metals is the biggest leader this morning, gaining 4.0%, and Aritzia rose 3.7%. Cameco rounds out the top three movers, as shares increased 3.6%.

National Bank of Canada is the biggest early laggard, dropping 4.3%, followed by shares of Talamore Mining, which dropped 3.8%. Shares of DPM Metals declined 3.5%.

On the currency front, the WSJ Dollar Index gained 0.2% to 95.56. The Canadian dollar weakened 0.2% against the U.S. dollar to US$0.72.

In the bond markets, the 10-year Canadian government bond yield increased 4.28 basis points to 3.664%.

Data source: Dow Jones Market Data, FactSet

 

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