TSX extends weekly decline as financial shares fall
Canada main stock index fell on Friday as losses in financials and consumer stocks outweighed gains in the energy sector. Global turbulence and upcoming central bank decisions kept market risk appetite subdued.
Insights:
Canada's main stock index fell 185.27 points, or 0.5%, to 35,788.18 on Friday, extending its weekly loss to 1.1% amid broad declines in financial and consumer shares. The S&P/TSX Composite Index reached its lowest closing level since October 14. Global turbulence in AI-linked stocks and impending central bank decisions kept investor risk appetite subdued.
