Canadian stock market falls for fourth straight day

Published: December 22, 2018 11:36:42 | Updated: December 26, 2018 12:10:26


Canadian main stock market fell for a fourth day in a row Friday due to lower health and oil prices while the Canadian dollar weakened to a 19-month low.

The Toronto Stock Exchange's benchmark S&P's/TSX Composite Index tumbled 206.10 points, or 1.5 per cent, to end the day at 13,935.67 points.

The Canadian dollar fell 0.53 cents to 0.7354 US dollar, reports Xinhua.

The health-care stocks continued down. Bausch Health Companies lost 50 cents to 24.79 Canadian dollars while Aphria dropped 57 cents to 6.47 Canadian dollars.

Among the tech group, BlackBerry dipped 84 cents to 9.38 Canadian dollars, while Constellation Software plummeted 29.09 dollars to 825.91 Canadian dollars.

The energy stocks also fell. Suncor Energy lost 99 cents to 36.14 Canadian dollars, while Canadian Natural Resources crumbled 90 cents to 31.50 Canadian dollars.

Some of the most actively traded stocks were Enbridge Inc., Bombardier Inc., and Manulife Financial Corp.

Enbridge Inc. rose three cents to 41.92 Canadian dollars on 21.4 million shares and Bombardier Inc. fell five cents to 1.91 Canadian dollars on 19.9 million shares, while Manulife Financial Corp. lost 83 cents to 18.62 Canadian dollars on 19 million shares.

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