Canadian stocks stay quiet as metals cool off
Canadian stocks were mostly flat on Wednesday morning. Trading was calm. It was the final session of a historic year for the Toronto Stock Exchange....
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Canadian stocks were mostly flat on Wednesday morning. Trading was calm. It was the final session of a historic year for the Toronto Stock Exchange....
Verano Holdings Corp. (VRNO) and Cosciens Biopharma Inc. (CSCI) saw losses of 5.53% and 5.43%, respectively.
Energy-focused stocks saw a lift too, with Permex Petroleum Corporation (OIL) rising 6.38% to CAD 2.50, while Greenbriar Sustainable Living Inc. (GRB) jumped 6.25% in the industrial services sector.
Technology-focused Blockmint Technologies Inc (BKMT) surged 47.06% to 0.125 CAD, showcasing a 105% volatility rating. Meanwhile, Kermode Resources (KLM) doubled its value to 0.010 CAD, marking a 100% price change.
Transportation stocks like Canadian National Railways (CNR) and Air Canada (AC) experienced moderate declines of 0.28% and 0.73%, respectively, despite strong fundamentals.
The S&P/TSX Completion Index, representing mid-sized Canadian companies, inched up +0.08% to 1,489.92. However, the S&P/TSX 60, which tracks large-cap companies, fell -0.30% to 1,501.60.
In contrast, the S&P/TSX Venture index saw a slight decline of -0.30%, dropping to 591.96, while the S&P/TSX 60 added +0.16%, reaching 1,506.31.
High Arctic Overseas Holdings Corp. (HOH) saw a -8.05% drop to 1.60 CAD, and Mogo Inc. (MOGO) lost -7.65%, reaching 1.81 CAD. Lastly, Lara Exploration Limited (LRA) fell by -7.55%, now priced at 1.47 CAD.
Pollard Banknote Limited (PBL) saw a +11.09% rise to 26.25 CAD, and Pacific Booker Minerals Inc. (BKM) rounded out the top gainers with a +10.66% increase to 1.35 CAD.
BlueSky Digital Assets Corp. (BTC) showed a 164% volatility, gaining 141.51% to reach 0.64 CAD. Blockmint Technologies Inc. (BKMT) also stood out with a 111.76% price surge, reaching 0.18 CAD.
BMO (Bank of Montreal) and BCE Inc. (BCE) followed with strong trading volumes, while Air Canada (AC) registered a 2.65% gain to 24.83 CAD.
City View Green Holdings Inc. (CVGR), Waraba Gold Limited (WBGD), and Cascadero Copper Corp. (CCD) also experienced volatility at 100.00%, with price drops of 50% each.