Canadian Stocks Add 0.2% in Morning Trading

Dow Jones07-30

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

Stocks in Canada rose during early trading Thursday, as the S&P/TSX Composite Index increased 0.2% to 35394.22.

Among local companies with a market cap of at least 1 billion Canadian dollars ($713.6 million), Bausch Health is the biggest leader this morning, surging 22%, and Hut 8 surged 20%. Ballard Power Systems rounds out the top three movers, as shares surged 8.3%.

Lightspeed Commerce is the biggest early laggard, plunging 13%, followed by shares of Spin Master, which plunged 7.7%. Shares of Thomson Reuters plunged 5.8%.

On the currency front, the WSJ Dollar Index dropped 0.9% to 96.31. The Canadian dollar strengthened 0.2% against the U.S. dollar to US$0.71.

In the bond markets, the 10-year Canadian government bond yield increased 1.12 basis points to 3.605%.

Data source: Dow Jones Market Data, FactSet

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