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2025.10.0914:03:13UTC+00TSX Falls on Thursday

On Thursday, the S&P/TSX Composite Index initially saw a slight rise before declining below 30,400 points. This downturn was largely due to weaknesses in the technology and industrial sectors, which outweighed the strength observed in base metals, energy, and healthcare. Investors closely watched the developments regarding the potential US government shutdown and geopolitical tensions while preparing for the third-quarter earnings season. Among the notable decliners were Capstone Copper, IAMGOLD Corporation, B2Gold, Franco-Nevada Corporation, and Topaz Energy, which faced losses ranging from 2.2% to 3.6%. On the other hand, the top performers included Tilray Brands, surging by 31.5%, Canopy Growth Corporation with a 14.2% increase, Rockpoint Gas Storage rising by 11%, Energy Fuels gaining 9%, and Cenovus Energy advancing by 2.8%.

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