Toronto Stocks Slide; Metro Shares Fall on Softer 1Q Same-Store Sales, Margins
I'm PortAI, I can summarize articles.
Toronto stocks dipped slightly, with the S&P/TSX Composite Index down 0.2% to 33,026.91. Metro shares fell 5.3% due to weaker first-quarter same-store sales and margins. Other notable movements included Cogeco Communications down 6.6% after a stake sale announcement, Algoma Steel up 4.6% as it positions for a government contract, and AGF Management rising 6.9% on stronger-than-expected earnings. Canadian wholesale trade saw a 2.1% increase in December, driven by the automotive sector.
Source: marketscreener The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments