CANADA STOCKS-TSX flat as losses in consumer staples offset by gains commodity stocks [Reuters]
Aurora Cannabis Inc. - Common Shares (ACB)
Company Research
Source: Reuters
stocks was offset by gains in commodity-linked shares, while fears around higher inflation dented market sentiment. At 9:53 a.m. ET (13:53 GMT), the Toronto Stock Exchange's S&P/TSX composite index was up 8.57 points, or 0.04%, at 20,424.88, after a long weekend. The Canadian equity market was closed on Monday for the Thanksgiving Day holiday. Healthcare stocks also fell 0.4% with pot producers Aurora Cannabis Inc, Tilray among the top drags. Concerns that higher inflation could prompt a sooner-than-expected dial down of economic stimulus by central banks and a slowdown in global economic recovery have rattled investors appetite for risky assets. “Canada is just kind of catching up a little bit to the US, yesterday the US markets were down and Canada was closed,” said Colin Cieszynski, chief market strategist at SIA Wealth Management. “This often happens on days when the holidays are different, there's just a little bit of rebalancing to bring the two indices kind of back
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ACB
Analyst Actions
- 2/8/24 - CANACCORD
ACB
Sec Filings
- 3/1/24 - Form 6-K
- 2/16/24 - Form 6-K
- 2/8/24 - Form 6-K
- ACB's page on the SEC website