Mood Turns Sour As TSX Logs Losing Skid -- Canadian Commentary

(RTTNews) - Canadian stocks fell for a third day Monday, as banks and health care stocks weakened.

Energy and mining stocks were steady, trimming losses from the previous few sessions.

Traders remained concerned about numerous geopolitical flashpoints, particularly in light of the Orlando night club massacre and violence surrounding the European Cup soccer tournament.

A possible exit of the UK from the EU next week also weighed on sentiment.

The S&P/TSX Composite Index was down 43.66 points, or 0.31 percent, to 13,993.88.

ProMetic Life Science (PLI.TO) gave back early gains and was flat to end the day. The U.S. FDA granted Fast Track Designation to its plasminogen.

National Bank of Canada (NA.TO) was down 1 percent. The company announced the closing of its $400 million NVCC preferred share offering.

Wellgreen Platinum (WG.TO) has announced the appointment of Diane Garrett, as president, CEO and director. The stock was up 16.6 percent.