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CANADA STOCKS-TSX falls on profit booking ahead of Thanksgiving

Published 2020-11-25, 10:23 a/m
Updated 2020-11-25, 10:24 a/m
© Reuters.

Nov 25 (Reuters) - Canada's main stock index fell on Wednesday, a day after hitting its highest since February, as traders booked profits ahead of the U.S. Thanksgiving holiday, while weakness in energy stocks further dented sentiment.

* At 10:07 a.m. ET (15:07 GMT), the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was down 51.39 points, or 0.3%, at 17,222.86.

* The energy sector .SPTTEN dropped 1.2% and was the worst performing sector on the main index.

* Canada Goose Holdings Inc GOOS.TO fell 6.6%, the most on the TSX, after brokerage BTIG downgraded the apparel maker's stock. The second biggest decliner was Aurora Cannabis Inc ACB.TO , down 5.6% after the pot producer signed a supply agreement with Israel's Cantek Holdings.

* The financials sector .SPTTFS slipped 0.7%. The industrials sector .GSPTTIN fell 0.2%.

* The materials sector .GSPTTMT , which includes precious and base metals miners and fertilizer companies, added 1% even though gold futures GCc1 fell 0.1% to $1,803.8 an ounce. GOL/

* On the TSX, 106 issues were higher, while 109 issues declined for a 1.03-to-1 ratio to the downside, with 16.79 million shares traded.

* The largest percentage gainers on the TSX were BRP Inc DOO.TO , which jumped 6% after the powersports vehicles maker posted upbeat third-quarter results, and gold producer Alamos Gold Inc AGI.TO , which rose 4.3%.

* The most heavily traded shares by volume were Acerus Pharmaceuticals Corp ASP.TO , Athabasca Oil Corp ATH.TO and Sun Life Financial Inc SLF.TO .

* The TSX posted eight new 52-week highs and no new lows.

* Across all Canadian issues, there were 37 new 52-week highs and four new lows, with total volume of 36.45 million shares.

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