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TSX:BOIL 13 November 2025

Tariff Shock and Fed Jitters: Asian Markets Stumble as Rally Meets Reality

Canadian Stock Market Today: TSX Drops Over 400 Points as Tech Slumps and Dividend Cut Hits Utilities (November 13, 2025)

Canada’s main stock index snapped its winning streak on Thursday, November 13, 2025, as a sharp sell-off in technology and utilities stocks dragged the S&P/TSX Composite lower, erasing part of Wednesday’s record-setting gains. By the close in Toronto, the S&P/TSX Composite Index had fallen to around 30,381 points, a decline of roughly 1.45% from Wednesday’s all‑time high near 30,828. Trading Economics+1 That translates into a slide of more than 400 points, putting a decisive end to a four-day run of gains driven by surging commodities and solid corporate earnings. Morningstar+2Reuters+2

Stock Market Today

  • Asahi Kasei (TSE:3407) wraps up ¥17.86bn buyback, highlights pharma tech scale-up
    July 3, 2026, 4:32 PM EDT. Asahi Kasei (TSE:3407) finished a ¥17.86 billion buyback, taking in 0.75% of its shares and signaling a focus on returns for shareholders. Peptistar has now launched Asahi Kasei's FO-MD system at the plant level, putting its pharmaceutical concentration tech into real-world production. This push could drive earnings through healthcare and process solutions, adding to its main battery and hydrogen businesses. Some risks remain for executing FO-MD and AK1940 at scale. The stock has moved up, but some see valuation still lagging-with fair value estimates pointing to a possible double from here. The story here is tighter capital discipline and a bigger bet on new technology.
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