TSX Down Marginally In Lackluster Trade
(RTTNews) - Canadian stocks are turning in a mixed performance in somewhat lackluster trade on Friday, with investors focusing on the upcoming US - Russia summit that could help end the war in Ukraine.
Investors are also digesting the latest batch of Canadian economic data, and assessing the impact of U.S. tariffs.
The benchmark S&P/TSX Composite Index was down 26.01 points or 0.09% at 27,889.98 a few minutes ago.
Ballard Power Systems, Bausch Health Companies and Corus Entertainment are up 6.3%, 6.2% and 5.3%, respectively.
Iamgold Corp., SSR Mining, Equinox Gold, North West Company, Northland Power, Centerra Gold, OceanaGold, New Gold, Open Text Corporation, Alamos Gold, Fortuna Silver Mines and Eldorado Gold are up 2 to 4%.
Tilray Inc., and Canopy Growth Corp are down more than 9%. Organigram Holdings, CAE Inc., Aurora Cannabis, Enbridge, Shopify Inc., Ritchie Bros Auctioneers, ATS Automation Tooling Systems and Richelieu Hardware are down 2 to 5%.
On the economic front, Canada's manufacturing sales rose by 0.3% to C$ 68.5 billion in June, following a revised 1.5% decrease in May, data from Statistics Canada showed. It follows four consecutive months of declines. Year-on-year, manufacturing sales shrank by 2.7%.
Canada's wholesale sales rose 0.7% to C$84.7 billion in June 2025 from the prior month, accelerating from a flat reading in May. Statistics Canada
Car registrations in Canada decreased to 177,313 Units in June from 194,524 Units in May of 2025.
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