Mar 29, 2021 (Baystreet.ca via COMTEX) -- Canada's main stock index fell on Monday, as energy and mining shares tracked subdued commodities, although optimism about an economic recovery capped losses.
The TSX tumbled 107.73 by noon EDT to 18,644.85. Markets are closed in Canada on Friday for Good Friday.
The Canadian dollar dished off 0.17 cents at 79.29 cents U.S.
Miners SilverCrest Metals faded 47 cents, or 4.6%, to $9.76, while Endeavour Silver dropped 51 cents, or 2.1%, to $24.34. The two were the biggest decliners on the index.
The largest percentage gainer on the TSX was all-terrain vehicle maker BRP, which climbed $3.30, or 3.2%, to $107.18, while
pharmaceuticals OrganiGram Holdings, gave up early morning gains to fall nine cents, or 2%, to $4.32.
The TSX Venture Exchange faded 7.95 points to 934.35.
All but three of the 12 TSX subgroups were in the red as morning became afternoon, as energy weakened 1.6%, materials were down 1.5%, and health-care sank 1.4%.
The three gainers were consumer staples, bettering themselves 1.1%, utilities, notching up 0.2%, and communications, nosing up but 0.04%.
Stocks added to losses Monday amid weakness in bank stocks caught in the downdraft of Friday's margin call.
The Dow Jones Industrials remained lower 59.14 points to 33,013.74
The S&P 500 subtracted 16.74 points, to 3,957.80, from Friday's record high.