Canadian Stocks Hold Steady in Early Trading

Dow Jones08-13 22:11

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

Stocks in Canada were flat during early trading Thursday, as the S&P/TSX Composite Index held steady at 36648.24.

Among local companies with a market cap of at least 1 billion Canadian dollars ($716.8 million), TerraVest Industries is the biggest leader this morning, jumping 10%, and Bird Construction jumped 9.4%. Lithium Americas rounds out the top three movers, as shares jumped 5.5%.

Pan American Silver is the biggest early laggard, tumbling 8.1%, followed by shares of Mattr, which tumbled 6.5%. Shares of China Gold Intl Rscs tumbled 5.4%.

On the currency front, the WSJ Dollar Index fell 0.1% to 96.18. The Canadian dollar weakened 0.1% against the U.S. dollar to US$0.72.

In the bond markets, the 10-year Canadian government bond yield declined 6.98 basis points to 3.620%.

Data source: Dow Jones Market Data, FactSet

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