Canadian equities continued to trade on a slightly negative note on Friday as mixed economic data and global trade uncertainties momentarily cooled investor enthusiasm. The S&P/TSX Composite Index slipped by 36 points for the day to settle at 26,175. Nevertheless, the market index still ended the month with a solid 5.4% gain — marking its best performance in six months.
Despite continued buying in many sectors such as consumer, financials, and industrials, heavy intraday losses in healthcare and energy stocks offset broader gains, leading to a mixed market close.
Top TSX Composite movers and active stocks
Tilray, Ivanhoe Mines, ATS, and Baytex Energy slid by at least 4.3% each, making them Fridayâs worst-performing TSX stocks.
On the flip side, BRP (TSX:DOO) soared by nearly 8% to settle at $60.45 per share, extending its two-day rally to 22%. These sharp gains in the stock came after the powersports maker delivered April quarter results that showed a 279% year-over-year surge in its net profit, driven mainly by lower operating expenses, strong foreign exchange gains, and disciplined inventory management in a challenging retail environment.
Investors were also encouraged by BRPâs decisive focus on its core powersports business and cost optimizations. On a year-to-date basis, however, BRP stock is still down 17.4%.
Laurentian Bank of Canada, G Mining Ventures, and EQB were also among the sessionâs top-performing TSX stocks, with each climbing by over 3%.
Based on their daily trade volume, Whitecap Resources, Alamos Gold, Suncor Energy, Air Canada, and Brookfield Asset Management were the five most active stocks on the exchange.
TSX today
Commodity prices across the board jumped sharply in early trading on Monday with escalating Russia-Ukraine tensions, pointing to a potentially strong open for resource-heavy sectors on the TSX today.
While no major domestic economic releases are due, Canadian investors may want to keep an eye on the latest U.S. manufacturing data this morning. In the afternoon, the Federal Reserve chair Jerome Powellâs remarks about the economy and monetary policy could provide critical clues for market direction.
Market movers on the TSX today
- {tab.name}{data.noDataMsg}
{ ‘Symbol’ | i8ln tLang } { ‘Company’ | i8ln tLang } { ‘Last’ | i8ln tLang } { ‘change’ | i8ln tLang } { ‘changepct’ | i8ln tLang } { ‘Open’ | i8ln tLang } { ‘High’ | i8ln tLang } { ‘Low’ | i8ln tLang } { ’52weekrange’ | i8ln tLang } { ‘Vol’ | i8ln tLang } {‘volume change %’ | i8ln tLang} { ‘tradeval’ | i8ln tLang } { ‘totaltrades’ | i8ln tLang } TSX:{tradee.symbolstring | str_replace ‘:CA’ ” }{tradee.equityinfo.longname} {tradee.entitlement}{tradee.pricedata.last | asQHLast}{tradee.premarket.last | asQHLast}{tradee.pricedata.change | asQHLast}{tradee.premarket.change | asQHLast}{tradee.pricedata.open | asQHLast}{tradee.pricedata.high | asQHLast}{tradee.pricedata.low | asQHLast}{tradee.fundamental.week52low.content | asQHLast} – {tradee.fundamental.week52high.content | asQHLast}–{tradee.pricedata.sharevolume | numeraljs ‘0,0.[00]a’}{tradee.premarket.sharevolume | numeraljs ‘0,0.[00]a’}{tradee.pricedata.volumechangepercent | numeraljs ‘0,0.[00]a’ ‘0’}{tradee.pricedata.totalvalue | numeraljs ‘0,0.[00]a’}{tradee.pricedata.tradevolume | numeraljs ‘0,0.[00]a’}{data.data.0.timezone | asTimezone tLang}
{data.popup.data.title}The post TSX Today: What to Watch for in Stocks on Monday, June 2 appeared first on The Motley Fool Canada.
Should you invest $1,000 in Brp Inc. right now?
Before you buy stock in Brp Inc., consider this:
The Motley Fool Stock Advisor Canada analyst team just identified what they believe are the Top Stocks for 2025 and Beyond for investors to buy now⦠and Brp Inc. wasnât one of them. The Top Stocks that made the cut could potentially produce monster returns in the coming years.
Consider MercadoLibre, which we first recommended on January 8, 2014 … if you invested $1,000 in the âeBay of Latin Americaâ at the time of our recommendation, youâd have $21,345.77!*
Stock Advisor Canada provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month â one from Canada and one from the U.S. The Stock Advisor Canada service has outperformed the return of S&P/TSX Composite Index by 24 percentage points since 2013*.
See the Top Stocks
* Returns as of 4/21/25(function() {
function setButtonColorDefaults(param, property, defaultValue) {
if( !param || !param.includes(‘#’)) {
var button = document.getElementsByClassName(“pitch-snippet”)[0].getElementsByClassName(“pitch-button”)[0];
button.style[property] = defaultValue;
}
}setButtonColorDefaults(“#5FA85D”, ‘background’, ‘#5FA85D’);
setButtonColorDefaults(“#43A24A”, ‘border-color’, ‘#43A24A’);
setButtonColorDefaults(“#fff”, ‘color’, ‘#fff’);
})()More reading
- 3 Strong Canadian Stocks That Could Actually Benefit in a Trade War
Fool contributor Jitendra Parashar has positions in Air Canada. The Motley Fool recommends ATS Corp., Air Canada, Brp, EQB, Laurentian Bank Of Canada, Tilray Brands, and Whitecap Resources. The Motley Fool has a disclosure policy.
www.fool.ca (Article Sourced Website)
#TSX #Today #Watch #Stocks #Monday #June