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July 5, 2012, 10:50 a.m. EDT

Canada stocks fall; Bombardier up on CSR deal

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By Sarah Pringle

SAN FRANCISCO (MarketWatch) -- Toronto's benchmark equities index slipped 42 points, or 0.4%, to 11,871 Thursday, tracking U.S. markets following a weak Institute for Supply Management report. A 1% loss in the materials sector /zigman2/quotes/210598474/delayed XX:TORGC195 -1.33% and 0.46% decline in metals and mining stocks pressured the market. Most gold miners struggled, with shares of Kinross Gold Corp. /zigman2/quotes/200423011/delayed CA:K -2.36% slipping 3.7% and Novagold Resources /zigman2/quotes/202931372/delayed CA:NG -1.66% falling 3.8%. In corporate news, plane and train manufacturer Bombardier /zigman2/quotes/208994866/delayed CA:BBD.B +2.15% announced Thursday a technology licence agreement with CSR Puzhen, a subsidiary of China South Locomotive & Rolling Stock Corporation Ltd. Bombardier's stock added as much as 1.7% following the news. The greenback rose against its Canadian counterpart /zigman2/quotes/210561978/realtime/sampled USDCAD +0.2511% , with one U.S. dollar buying C$1.0147 vs. C$1.0133 Wednesday.

Read the full story:
Canada stocks down on central bank action

/zigman2/quotes/210598474/delayed
XX : Canada: Toronto
308.41
-4.16 -1.33%
Volume: 23.68M
Jan. 28, 2022 12:19p
loading...
/zigman2/quotes/200423011/delayed
CA : Canada: Toronto
$ 6.62
-0.16 -2.36%
Volume: 2.45M
Jan. 28, 2022 12:19p
P/E Ratio
6.44
Dividend Yield
2.33%
Market Cap
$8.50 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/202931372/delayed
CA : Canada: Toronto
$ 7.70
-0.13 -1.66%
Volume: 60,670
Jan. 28, 2022 12:19p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$2.61 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/208994866/delayed
CA : Canada: Toronto
$ 1.67
+0.04 +2.15%
Volume: 1.91M
Jan. 28, 2022 12:19p
P/E Ratio
0.75
Dividend Yield
N/A
Market Cap
$3.92 billion
Rev. per Employee
$171,620
loading...
/zigman2/quotes/210561978/realtime/sampled
US : Tullett Prebon
1.2774
+0.0032 +0.2511%
Volume: 0.0000
Jan. 28, 2022 12:34p
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