CANADA STOCKS-TSX threatens to snap 9-day rally as oil slide hits energy shares [Reuters]
Aurora Cannabis Inc. - Common Shares (ACB)
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Source: Reuters
CANADA STOCKS-TSX threatens to snap 9-day rally as oil slide hits energy shares | Reuters 2 Min Read Jan 17 (Reuters) - Canada’s main stock index dipped marginally on Thursday, endangering a nine-day winning streak after a drop in oil prices hurt the energy sector. * At 9:35 a.m. ET (1435 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was down 28.16 points, or 0.19 percent, at 15,083.1. * The energy sector dropped 0.6 percent, the most among the 11 main sectors. * U.S. crude prices were down 1.6 percent, while Brent crude lost 1.2 percent on higher production and concerns over weakening demand in light of the trade dispute between the United States and China. * The Canadian province of Alberta’s OPEC-style decision to force production cuts is benefiting oil companies with higher prices, but is also pushing capital elsewhere and threatens to undermine booming crude-by-rail shipments, only adding to the day’s downbeat tone. * The financials sector slipped 0.1 percent. A Reut
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ACB
News
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- Canadian cannabis stocks spike as U.S. reportedly set to reclassify marijuana [MoneySense]MoneySense
- MSOS: Best Play On U.S. Cannabis Regulations [Seeking Alpha]Seeking Alpha
ACB
Sec Filings
- 5/1/24 - Form 6-K
- 3/1/24 - Form 6-K
- 2/16/24 - Form 6-K
- ACB's page on the SEC website