canadian stocks were firmly in the red in line with most global markets with most sectors pushing down the sptsx composite index by 17076 points tech services transportation and producer manufacturing were the main drags while utilities communications and process industries sectors were the only gainers according to factset markets are facing several headwinds including recent bond yield backup hawkish tones from the federal reserve and a pickup in pandemic concerns around chinas lockdowns tilray brands inc shares rose after the company reported a swing to profit in the third quarter benefiting from a rise in revenue torontolisted shares in tilray rose 11 to c968 after it said earnings were 9 cents a share in the three months to feb 27 up from a loss of 103 in the comparable quarter a year ago net revenue rose to 1519 million from 1239 million at midday canadas sptsx composite index was down 077 at 2176304 the bluechip sptsx 60 fell 067 to 132067 orla mining ltd shares rose 21 to c629 after it said it is maintaining gold production guidance of 90000 ounces to 100000 ounces for the year after its maiden period of production in the first quarter from its mexico mine