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TSX Ends Flat After Somewhat Lackluster Session

2024-06-07MyfxbookMyfxbook
The Canadian market ended flat on Wednesday after a mixed performance, with investors largely making cautious moves, tracking the trend in commodities markets and digesting the latest batch of U.S. economic data, and the
TSX Ends Flat After Somewhat Lackluster Session

(RTTNews) - The Canadian market ended flat on Wednesday after a mixed performance, with investors largely making cautious moves, tracking the trend in commodities markets and digesting the latest batch of U.S. economic data, and the Federal Reserve's minutes.

The benchmark S&P/TSX Composite Index ended with a small gain of 3.99 points or 0.02% at 20,113.96, after scaling a lw of 20,048.89 and a high of 20,168.67 intraday.

Consumer staples and real estate stocks climbed higher, while energy stocks fell. Shares from the rest of the sectors ended on a mixed note.

George Weston (WN.TO), a prominent loser in the previous session, surged nearly 7% today. Molson Coors Canada Inc (TPX.B.TO), Loblaw Companies (L.TO), Metro Inc (MRU.TO), Boyd Group Services (BYD.TO), Alimentation Couche-Tard (ATD.TO) and Premium Brands Holdings Corporation (PBH.TO) gained 2 to 3%.

Shopify Inc (SHOP.TO), Colliers International (CIGI.TO), Franco-Nevada Corporation (FNV.TO) and FirstService Corporation (FSV.TO) also ended notably higher.

Transcontinental Inc (TCL.B.TO) ended nearly 8% down. MEG Energy (MEG.TO), Boralex Inc (BLX.TO), Docebo Inc (DCBO.TO), Canadian Natural Resources (CNQ.TO), Bombardier Inc (BBD.B.TO), Nutrien (NTR.TO), BRP Inc (DOO.TO), Toronto-Dominion Bank (TD.TO) and Stella-Jones (SJ.TO) ended lower by 1 to 3.4%.

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