CANADA STOCKS-TSX little changed after posting two weeks of gains

Published 2019-01-07, 10:17 a/m
© Reuters.  CANADA STOCKS-TSX little changed after posting two weeks of gains
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Jan 7 (Reuters) - Canada's main stock index little changed on Monday, after notching two weeks of gains, as advances in healthcare stocks were stymied by losses in energy shares.

* At 10:00 a.m. ET (15:00 GMT), the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE inched up 2.25 points, or 0.02 percent, at 14,428.87.

* The Canadian dollar strengthened to a nearly four-week high against its U.S. counterpart as oil prices climbed and the greenback broadly declined, while investors awaited a Bank of Canada interest rate decision later in the week. Healthcare sector GSPTTHC rose 2.1 percent, the most among 11 TSX sectors.

* The energy sector .SPTTEN dropped 1.1 percent, despite an increase in oil prices.

* Peyto Exploration & Development Corp PEY.TO fell 3.8 percent, leading declines among energy shares, after brokerage RBC downgraded its stocks expecting natural gas pricing to fall.

* U.S. crude CLc1 prices were up 1.3 percent per barrel, while Brent crude LCOc1 added 1.6 percent. O/R

* The financials sector .SPTTFS dropped 0.3 percent, while the industrials sector .GSPTTIN edged down 0.1 percent.

* The materials sector .GSPTTMT , which includes precious and base metals miners and fertilizer companies, shed 0.2 percent.

* On the TSX, 103 issues were higher, while 123 issues declined for a 1.19-to-1 ratio to the downside, with traded volumes touching 14.50 million shares.

* The largest percentage gainers on the TSX were Centerra Gold Inc CG.TO , which surged 4.3 percent and Alamos Gold Inc AGI.TO , which rose 3.3 percent.

* Cascades Inc CAS.TO fell 4.8 percent, the most on the TSX. The second biggest decliner was Freehold Royalties Ltd FRU.TO , down 3.6 percent.

* The most heavily traded shares by volume were ClearStream Energy Services Inc CSM.TO , Bombardier Inc BBDb.TO and Crescent Point Energy Corp CPG.TO .

* The TSX posted no new 52-week high and one new low.

* Across all Canadian issues, there were two new 52-week highs and four new lows, with total traded volume touching 29.72 million shares.

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