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Dec. 15, 2011, 5:25 p.m. EST

Mining stocks weigh on Canada market

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By Wallace Witkowski, MarketWatch

SAN FRANCISCO (MarketWatch) — Canadian stocks declined Thursday, weighed down by the mining, materials and industrials sector along with another day of weak commodities prices.

The S&P/TSX Composite Index  closed down 0.3% led down by the heavily weighted S&P/TSX Capped Diversified Metals & Mining Index , which finished down 1.2%.

Shares of Barrick Gold Corp. /zigman2/quotes/209252292/delayed CA:ABX 0.00%  finished down 1.5%, and Goldcorp Inc. /zigman2/quotes/225792379/delayed CA:G -1.76%  fell 0.8%. Other big decliners included Kinross Gold Corp. /zigman2/quotes/200423011/delayed CA:K -0.12% , Agnico-Eagle Mines Ltd. /zigman2/quotes/205100210/delayed CA:AEM +0.14%  and Iamgold Corp. /zigman2/quotes/206182143/delayed CA:IMG +0.29%  

Gold for February delivery  fell 0.6% to settle at $1,577.20 an ounce, the lowest price since July. Read more on gold.

The S&P/TSX Capped Materials Index /zigman2/quotes/210598474/delayed XX:TORGC195 -0.09%  also declined 1.2%, with the S&P/TSX Capped Industrials Index /zigman2/quotes/210598464/delayed XX:TORGC193 +0.92% finishing down 1.1%.

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U.S. jobless claims fall again

New filings for unemployment benefits fell last week to the lowest level since May 2008.

Shares of Bombardier Inc. /zigman2/quotes/207024414/delayed BDRBF +0.84%  recovered from a 3% drop to finish up 0.1%, while shares of Canadian National Railway Co. /zigman2/quotes/203746923/delayed CA:CNR +1.37%  fell 1.6% and shares of Canadian Pacific Railway Ltd. /zigman2/quotes/205690198/delayed CA:CP +1.21%  declined 2.5%.

Crude oil for January delivery  declined 1.1% to $93.87 a barrel, which didn’t fare well for energy stocks. Read more on oil.

Shares of Suncor Energy Inc. /zigman2/quotes/204570600/delayed CA:SU -1.33%  fell 1.9% and Cenovus Energy Inc. /zigman2/quotes/207955267/delayed CA:CVE +0.39%  finished down 1.3%.

The Canadian dollar rose against its U.S. counterpart /zigman2/quotes/210561978/realtime/sampled USDCAD +0.0962%  with the greenback buying C$1.035 compared with C$1.038 late Wednesday.

/zigman2/quotes/209252292/delayed
CA : Canada: Toronto
$ 27.16
0.00 0.00%
Volume: 3.97M
July 30, 2021 4:00p
P/E Ratio
14.89
Dividend Yield
1.59%
Market Cap
$48.30 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/225792379/delayed
CA : Canada: Toronto
$ 1.67
-0.03 -1.76%
Volume: 28,294
July 30, 2021 3:08p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$117.69 million
Rev. per Employee
N/A
loading...
/zigman2/quotes/200423011/delayed
CA : Canada: Toronto
$ 8.17
-0.01 -0.12%
Volume: 2.74M
July 30, 2021 4:00p
P/E Ratio
6.17
Dividend Yield
1.85%
Market Cap
$10.31 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/205100210/delayed
CA : Canada: Toronto
$ 80.71
+0.11 +0.14%
Volume: 444,047
July 30, 2021 4:00p
P/E Ratio
20.34
Dividend Yield
2.20%
Market Cap
$19.73 billion
Rev. per Employee
$368,545
loading...
/zigman2/quotes/206182143/delayed
CA : Canada: Toronto
$ 3.41
+0.01 +0.29%
Volume: 722,672
July 30, 2021 4:23p
P/E Ratio
13.48
Dividend Yield
N/A
Market Cap
$1.62 billion
Rev. per Employee
$318,938
loading...
/zigman2/quotes/210598474/delayed
XX : Canada: Toronto
326.08
-0.29 -0.09%
Volume: 38.24M
July 30, 2021 5:01p
loading...
/zigman2/quotes/210598464/delayed
XX : Canada: Toronto
362.96
+3.31 +0.92%
Volume: 10.62M
July 30, 2021 5:01p
loading...
/zigman2/quotes/207024414/delayed
US : U.S.: OTC
$ 1.20
+0.01 +0.84%
Volume: 1.18M
July 30, 2021 3:59p
P/E Ratio
0.68
Dividend Yield
N/A
Market Cap
$2.95 billion
Rev. per Employee
$131,903
loading...
/zigman2/quotes/203746923/delayed
CA : Canada: Toronto
$ 135.56
+1.83 +1.37%
Volume: 1.01M
July 30, 2021 4:00p
P/E Ratio
24.06
Dividend Yield
1.81%
Market Cap
$95.96 billion
Rev. per Employee
$566,794
loading...
/zigman2/quotes/205690198/delayed
CA : Canada: Toronto
$ 92.64
+1.11 +1.21%
Volume: 1.48M
July 30, 2021 4:00p
P/E Ratio
19.18
Dividend Yield
0.82%
Market Cap
$61.78 billion
Rev. per Employee
$648,444
loading...
/zigman2/quotes/204570600/delayed
CA : Canada: Toronto
$ 24.56
-0.33 -1.33%
Volume: 7.94M
July 30, 2021 4:00p
P/E Ratio
24.59
Dividend Yield
3.42%
Market Cap
$36.46 billion
Rev. per Employee
$1.96M
loading...
/zigman2/quotes/207955267/delayed
CA : Canada: Toronto
$ 10.41
+0.04 +0.39%
Volume: 4.11M
July 30, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
0.67%
Market Cap
$21.00 billion
Rev. per Employee
$5.48M
loading...
/zigman2/quotes/210561978/realtime/sampled
US : Tullett Prebon
1.2487
+0.0012 +0.0962%
Volume: 0.0000
Aug. 1, 2021 4:27p
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Wallace Witkowski is a MarketWatch news editor in San Francisco.

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