Canadian Markets Archives | Email alerts

May 15, 2012, 4:46 p.m. EDT

Canadian stocks slide on mining, materials

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    Barrick Gold Corp. (ABX)
  • X
    Canadian Natural Resources Ltd. (CNQ)

or Cancel Already have a watchlist? Log In

By Wallace Witkowski, MarketWatch

SAN FRANCISCO (MarketWatch) — Materials, mining and energy stocks led the Canadian market lower for the third session in a row Tuesday on continued anxiety coming out of Greece.

In large-cap stocks, shares of Barrick Gold Corp. /zigman2/quotes/209252292/delayed CA:ABX -1.97% fell 3.9%, Canadian Natural Resources Ltd. /zigman2/quotes/203742161/delayed CA:CNQ +0.54%  declined 2.7%, and Teck Resources Ltd.   shares fell 4.1%.

The S&P/TSX Composite Index  fell 1.3% to close at 11,343.05 with the S&P/TSX Capped Diversified Metals and Mining Index  declining 3.7%, the S&P/TSX Capped Materials Index /zigman2/quotes/210598474/delayed XX:TORGC195 -1.40% shedding 3.4%, and the S&P/TSX Capped Energy Index /zigman2/quotes/210598495/delayed XX:TORGC187 +1.21%  down 1.9%.

Reports that Greece would hold another election after party leaders failed to come up with a unity government pressured markets on fears the country could leave the eurozone on an inability to bring its fiscal house in order. Read more on Greece's effect on markets.

Oil for June delivery /zigman2/quotes/209724914/delayed CLM22 +0.71% fell 80 cents, or 0.8 %, to settle at $93.98 a barrel, and gold for June delivery /zigman2/quotes/210036777/delayed GCM22 -0.65%  declined $3.90, or 0.3%, to settle at $1,557.10 an ounce on the New York Mercantile Exchange.

The Canadian dollar fell its U.S. counterpart /zigman2/quotes/210561978/realtime/sampled USDCAD +0.2668% with the greenback buying C$1.0067, compared with C$1.0023 late Monday.

Other notable movers included Research In Motion Ltd. , with shares down 5.7%. Goldcorp Inc. /zigman2/quotes/225792379/delayed CA:G -0.95%  shares fell 2.5%, Encana Corp.  shares declined 2.2%, Kinross Gold Corp. /zigman2/quotes/200423011/delayed CA:K -2.51%  shares declined 4.8%, and Silver Wheaton Corp.  shares dropped 4.5%.

/zigman2/quotes/209252292/delayed
CA : Canada: Toronto
$ 23.36
-0.47 -1.97%
Volume: 1.54M
Jan. 28, 2022 12:20p
P/E Ratio
16.51
Dividend Yield
1.97%
Market Cap
$42.40 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/203742161/delayed
CA : Canada: Toronto
$ 65.61
+0.35 +0.54%
Volume: 1.52M
Jan. 28, 2022 12:20p
P/E Ratio
13.24
Dividend Yield
3.58%
Market Cap
$76.80 billion
Rev. per Employee
$2.59M
loading...
/zigman2/quotes/210598474/delayed
XX : Canada: Toronto
308.20
-4.37 -1.40%
Volume: 23.74M
Jan. 28, 2022 12:20p
loading...
/zigman2/quotes/210598495/delayed
XX : Canada: Toronto
192.45
+2.30 +1.21%
Volume: 26.63M
Jan. 28, 2022 12:20p
loading...
/zigman2/quotes/209724914/delayed
US : U.S.: Nymex
$ 83.62
+0.59 +0.71%
Volume: 41,166
Jan. 28, 2022 12:25p
loading...
/zigman2/quotes/210036777/delayed
US : U.S.: Nymex
$ 1,786.00
-11.70 -0.65%
Volume: 6,133
Jan. 28, 2022 12:25p
loading...
/zigman2/quotes/210561978/realtime/sampled
US : Tullett Prebon
1.2776
+0.0034 +0.2668%
Volume: 0.0000
Jan. 28, 2022 12:35p
loading...
/zigman2/quotes/225792379/delayed
CA : Canada: Toronto
$ 1.04
-0.01 -0.95%
Volume: 12,098
Jan. 28, 2022 10:51a
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$74.00 million
Rev. per Employee
N/A
loading...
/zigman2/quotes/200423011/delayed
CA : Canada: Toronto
$ 6.61
-0.17 -2.51%
Volume: 2.45M
Jan. 28, 2022 12:20p
P/E Ratio
6.43
Dividend Yield
2.33%
Market Cap
$8.50 billion
Rev. per Employee
N/A
loading...

Wallace Witkowski is a MarketWatch news editor in San Francisco.

This Story has 0 Comments
Be the first to comment
More News In
Markets

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.