Canadian Stocks Fall 0.7% In Morning Trading

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in Canada slipped during early trading Wednesday, as the S&P/TSX Composite Index dropped 0.7% to 35494.85.

Among local companies with a market cap of at least 1 billion Canadian dollars ($710.1 million), Allied Gold is the biggest early laggard, plunging 17%, followed by shares of Almonty Industries, which tumbled 9.0%. Shares of Allied Prop REIT tumbled 6.9%.

Cenovus Energy is the biggest leader this morning, gaining 4.9%, and Strathcona Resources added 4.6%. Valeura Energy rounds out the top three movers, as shares increased 4.0%.

On the currency front, the WSJ Dollar Index held steady at 97.54. The Canadian dollar strengthened 0.2% against the U.S. dollar to US$0.71.

In the bond markets, the 10-year Canadian government bond yield rose 3.97 basis points to 3.572%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

July 29, 2026 10:11 ET (14:11 GMT)