India, Aug. 28 -- Canadian stocks settled nearly unchanged on Thursday despite opening at a record high, as investors resorted to profit taking.
Canada's benchmark S&P/TSX Composite Index opened at a fresh record intraday high of 28,530.19. However, failing to hold there, the index turned lower and travelled in negative territory for most of the day before finally closing at 28,434.80, up by just 1.80 points (or 0.01%).
Today, data released by Statistics Canada revealed that Canada recorded a Current Account Deficit of C$21,200 million in the second quarter 2025.
On the earnings front, close on the heels of a stellar performance by Royal Bank of Canada, Canada's second and fifth largest banks Toronto-Dominion Bank and Canadian Imperial B...