TSX falls as weaker bullion prices, materials drag – Markets – Business Recorder

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At 9:53 a.m. ET (14:53 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was down 79.22 points, or 0.43%, at 18,342.38.

The materials sector, which includes precious and base metals miners and fertilizer companies, lost 2.1% with gold futures falling 1.2% to $1,713 an ounce as rising US bond yields and firm equities dull its appeal.

On the TSX, 81 issues were higher, while 134 issues declined for a 1.65-to-1 ratio to the downside, with 34.19 million shares traded.

The TSX posted 11 new 52-week highs and no new lows.

Across all Canadian issues there were 39 new 52-week highs and 4 new lows, with total volume of 73.06 million shares.

This content was originally published here.

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