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Canadian Stocks Decline 0.4% In Morning Trading

Canadian Stocks Decline 0.4% In Morning Trading

Dow JonesDow Jones2026/07/31 14:11

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

Stocks in Canada slipped during early trading Friday, as the S&P/TSX Composite Index dropped 0.4% to 35361.85.

Among local companies with a market cap of at least 1 billion Canadian dollars ($711.4 million), TELUS is the biggest early laggard, tumbling 13%, followed by shares of Eldorado Gold, which plunged 7.2%. Shares of Southern Cross Gold Cons tumbled 7.2%.

Baytex Energy is the biggest leader this morning, surging 6.9%, and Bausch Health jumped 6.5%. Badger Infr Solns rounds out the top three movers, as shares surged 6.1%.

On the currency front, the WSJ Dollar Index rose 0.3% to 96.60. The Canadian dollar weakened 0.3% against the U.S. dollar to US$0.71.

In the bond markets, the 10-year Canadian government bond yield rose 5.71 basis points to 3.648%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

July 31, 2026 10:11 ET (14:11 GMT)

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