Canada Stocks: TSX opens lower as Allied Gold slumps; focus on Fed decision
29/07/2026 14:41
CANADA STOCKS-TSX opens lower as Allied Gold slumps; focus on Fed decision July 29 (Reuters) - Canada's main stock index opened lower on Wednesday, easing from the last session's from record high, pressured by losses in Allied Gold AAUC.TO after a proposed C$5.5 billion ($3.90 billion) sale to a Chinese company collapsed, while investors stayed on the sidelines ahead of the Federal Reserve's interest rate decision later in the day.
The Toronto Stock Exchange's S&P/TSX Composite index .GSPTS fell 0.4% to 35,595.40 shortly after the market opened.
(Reporting by Medha Singh in Bengaluru; Editing by Diti Pujara)
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