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May 16, 2012, 5:00 p.m. EDT

Utilities, energy drag on Canadian stocks

Toronto Stock Exchange logs fourth consecutive session of losses

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By Wallace Witkowski, MarketWatch

SAN FRANCISCO (MarketWatch) — Canadian stocks traded lower for the fourth session in a row Wednesday, as strength in the mining sector gave way to losses in the utilities and energy sector.

Shares of Atco Ltd. /zigman2/quotes/200385730/delayed CA:ACO.X +1.40% , Canadian Utilities Ltd. /zigman2/quotes/204408454/delayed CA:CU +1.27%  , and Emera Inc. /zigman2/quotes/201220361/delayed CA:EMA +0.48%  led the utilities sector lower.

The S&P/TSX Composite Index fell 0.2% to 11,326.08 with the S&P/TSX Capped Utilities Index XX:TORGC199 +0.23%  down 0.9% for the day.

Another big drag was the S&P/TSX Capped Energy Index XX:TORGC187 -0.39% , which fell 0.7%.

Shares of Suncor Energy Inc. /zigman2/quotes/204570600/delayed CA:SU -1.02%  fell 0.8%, Canadian Natural Resources Ltd. /zigman2/quotes/203742161/delayed CA:CNQ +0.74%  fell 0.4%, and Husky Energy Inc. /zigman2/quotes/205838959/delayed CA:HSE -0.53%  dropped 0.6%.

Earlier in the session, the mining sector had supported the exchange in positive territory. The Diversified Metals and Mining Index closed up 1.4%.

Shares of Ivanhoe Mines Ltd. /zigman2/quotes/207656050/delayed CA:IVN 0.00%  rose 3.7%, First Quantum Minerals Ltd. /zigman2/quotes/209694942/delayed CA:FM +0.17%  advanced 5.3%, Lundin Mining Corp. /zigman2/quotes/201246870/delayed CA:LUN +2.68%  gained 1.9%, Barrick Gold Corp. /zigman2/quotes/209252292/delayed CA:ABX -2.23%  advanced 1.4%, Goldcorp Inc.  added 1.3%, and Yamana Gold Inc. /zigman2/quotes/206359073/delayed CA:YRI -0.89%  rose 2.7%.


Reuters
Canadian dollar

Oil for June delivery /zigman2/quotes/209724914/delayed CLM22 -0.24%  fell 1.2% to settle at a new six-month low of $92.81 a barrel, and gold for June delivery /zigman2/quotes/210036777/delayed GCM22 -0.24%  dropped 1.3% to settle at a 10-month low of $1,536.60 an ounce on the New York Mercantile Exchange.

The Canadian dollar continued its fall against its U.S. counterpart /zigman2/quotes/210561978/realtime/sampled USDCAD -0.2458%  with the greenback buying C$1.0120, compared with C$1.0065 late Tuesday.

/zigman2/quotes/200385730/delayed
CA : Canada: Toronto
$ 39.78
+0.55 +1.40%
Volume: 145,281
Nov. 27, 2020 2:35p
P/E Ratio
16.95
Dividend Yield
4.38%
Market Cap
$4.53 billion
Rev. per Employee
$724,000
loading...
/zigman2/quotes/204408454/delayed
CA : Canada: Toronto
$ 33.00
+0.42 +1.27%
Volume: 165,785
Nov. 27, 2020 2:36p
P/E Ratio
22.12
Dividend Yield
5.28%
Market Cap
$8.90 billion
Rev. per Employee
$850,207
loading...
/zigman2/quotes/201220361/delayed
CA : Canada: Toronto
$ 54.73
+0.26 +0.48%
Volume: 298,047
Nov. 27, 2020 2:34p
P/E Ratio
15.64
Dividend Yield
4.66%
Market Cap
$13.58 billion
Rev. per Employee
$786,196
loading...
XX : Canada: Toronto
318.92
+0.74 +0.23%
Volume:
Nov. 26, 2020 12:00a
loading...
XX : Canada: Toronto
90.78
-0.36 -0.39%
Volume:
Nov. 26, 2020 12:00a
loading...
/zigman2/quotes/204570600/delayed
CA : Canada: Toronto
$ 22.41
-0.23 -1.02%
Volume: 8.61M
Nov. 27, 2020 2:36p
P/E Ratio
N/A
Dividend Yield
3.75%
Market Cap
$34.53 billion
Rev. per Employee
$2.97M
loading...
/zigman2/quotes/203742161/delayed
CA : Canada: Toronto
$ 31.23
+0.23 +0.74%
Volume: 1.60M
Nov. 27, 2020 2:35p
P/E Ratio
N/A
Dividend Yield
5.44%
Market Cap
$36.61 billion
Rev. per Employee
$2.25M
loading...
/zigman2/quotes/205838959/delayed
CA : Canada: Toronto
$ 5.63
-0.03 -0.53%
Volume: 1.26M
Nov. 27, 2020 2:35p
P/E Ratio
N/A
Dividend Yield
0.89%
Market Cap
$5.69 billion
Rev. per Employee
$4.17M
loading...
/zigman2/quotes/207656050/delayed
CA : Canada: Toronto
$ 5.89
0.00 0.00%
Volume: 746,878
Nov. 27, 2020 2:35p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$7.10 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/209694942/delayed
CA : Canada: Toronto
$ 18.05
+0.03 +0.17%
Volume: 1.15M
Nov. 27, 2020 2:36p
P/E Ratio
N/A
Dividend Yield
0.06%
Market Cap
$12.42 billion
Rev. per Employee
$202,592
loading...
/zigman2/quotes/201246870/delayed
CA : Canada: Toronto
$ 10.35
+0.27 +2.68%
Volume: 1.72M
Nov. 27, 2020 2:36p
P/E Ratio
39.12
Dividend Yield
1.55%
Market Cap
$7.40 billion
Rev. per Employee
$218,727
loading...
/zigman2/quotes/209252292/delayed
CA : Canada: Toronto
$ 29.46
-0.67 -2.23%
Volume: 3.79M
Nov. 27, 2020 2:35p
P/E Ratio
12.97
Dividend Yield
1.59%
Market Cap
$53.79 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/206359073/delayed
CA : Canada: Toronto
$ 6.66
-0.06 -0.89%
Volume: 2.76M
Nov. 27, 2020 2:35p
P/E Ratio
41.26
Dividend Yield
2.10%
Market Cap
$6.40 billion
Rev. per Employee
$219,205
loading...
/zigman2/quotes/209724914/delayed
US : U.S.: Nymex
$ 45.19
-0.11 -0.24%
Volume: 6,580
Nov. 27, 2020 1:44p
loading...
/zigman2/quotes/210036777/delayed
US : U.S.: Nymex
$ 1,836.00
-4.40 -0.24%
Volume: 0.00
Nov. 25, 2020 5:05p
loading...
/zigman2/quotes/210561978/realtime/sampled
US : Tullett Prebon
1.2986
-0.0032 -0.2458%
Volume: 0.0000
Nov. 27, 2020 2:51p
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Wallace Witkowski is a MarketWatch news editor in San Francisco.

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