Canadian Stocks Increase 1.2% In Morning Trading

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in Canada climbed during early trading Wednesday, as the S&P/TSX Composite Index gained 1.2% to 35944.67.

Among local companies with a market cap of at least 1 billion Canadian dollars ($716.4 million), Propel Holdings is the biggest leader this morning, jumping 11%, and Discovery Mining jumped 8.8%. Fairfax Financial Hldgs rounds out the top three movers, as shares jumped 8.5%.

Hut 8 is the biggest early laggard, plunging 18%, followed by shares of Ivanhoe Mines, which plunged 12%. Shares of Element Fleet Management plunged 11%.

On the currency front, the WSJ Dollar Index dropped 0.3% to 96.94. The Canadian dollar strengthened 0.4% against the U.S. dollar to US$0.72.

In the bond markets, the 10-year Canadian government bond yield fell 1.78 basis points to 3.763%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

November 04, 2026 10:11 ET (15:11 GMT)