Investor Alert

Market Pulse Archives

Aug. 1, 2012, 10:36 a.m. EDT

Canada stocks down; Talisman, Torstar profits fall

Watchlist Relevance

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    S&P/TSX Capped Materials Index (TORGC195)
  • X
    S&P/TSX Capped Industrials Index (TORGC193)

or Cancel Already have a watchlist? Log In

By Sarah Pringle

SAN FRANCISCO (MarketWatch) -- Canadian stocks headed downward early Wednesday, with Toronto's benchmark equities index falling 45 points, or 0.4%, to 11,621. A 1.8% loss in the materials sector /zigman2/quotes/210598474/delayed XX:TORGC195 -1.94% and 0.4% decline in industrial stocks /zigman2/quotes/210598464/delayed XX:TORGC193 -1.57% weighed on the market. On the economic front, manufacturing in July reportedly slowed, with the RBC Canadian Manufacturing Purchasing Managers Index slipping to 53.1, from 54.8 the previous month. In earnings, Talisman Energy Inc. posted a 72% lower second-quarter profit, while Torstar Corp.'s second-quarter net income tumbled 68%. Meanwhile, the greenback fell against the Canadian currency /zigman2/quotes/210561978/realtime/sampled USDCAD +0.0222% , with one U.S. dollar purchasing C$1.0021 vs. C$1.0033 Tuesday.

XX : Canada: Toronto
-6.19 -1.94%
Volume: 32.51M
Sept. 26, 2023 4:47p
XX : Canada: Toronto
-6.31 -1.57%
Volume: 10.69M
Sept. 26, 2023 4:47p
US : Tullett Prebon
+0.0003 +0.0222%
Volume: 0.0000
Sept. 27, 2023 12:56a

Get news alerts on Canadian Dollar — or create your own.
This Story has 0 Comments
Be the first to comment
More News In

Story Conversation

Commenting FAQs »

Partner Center

World News from MarketWatch

Link to MarketWatch's Slice.