â–º Listen Live

AFTER THE BELL: Pot stocks decline, down day on TSX

A sell-off of marijuana stocks pulled down the TSX today.

After huge gains over the past few days, shares of cannabis producers tumbled. This factored into the Canada’s stock exchange falling 88 points.

And while shares in Aurora Cannabis, Aphria, Canopy Growth, and Cronos were  among the most active on the TSX today, they all declined with their stocks dropping between two and eight percent.

Eight of the TSX’s 11 major sectors dipped into the red, with energy slipping just under one percent.

In New York, after jumping more than 260 points Monday on news of a U.S./Mexico trade deal, the Dow pulled back, finishing 14 points higher.

And after hitting record territory yesterday, the Nasdaq gained 12 points.

The loonie continued to catch up on the greenback, moving up 22/100ths of a cent to $0.7732 cents US.

Gold prices slipped from two-week highs, dropping $8.60 to $1,200 an ounce, while oil also dipped 25 cents to $68.62 US a barrel on news of increased production from OPEC.

Continue Reading

cjsu Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Duncan Fire Department’s responses highest in third quarter 

An increase in the amount of fire calls have been reported to the City of Duncan for the third quarter.

Ladysmith RCMP report an increase in calls compared to last year 

A quarterly report shows crime in Ladysmith is trending upwards, but not in all areas.

Cowichan Aquatic Centre repairs complete, but more work needs to be done 

Cowichan Aquatic Centre upgrades are in the home stretch, but it still requires a few more tweaks.

Contactless payments coming soon to BC Transit riders

Bus riders may soon have an easier way to pay for their fare, as BC Transit prepares to roll out contactless debit and credit card payments across its network through the Umo fare system.

RCMP arrest two youths after armed robbery in Duncan

North Cowichan–Duncan RCMP have arrested two male youths after an attempted armed robbery in Duncan last month.
- Advertisement -