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CANADA STOCKS-TSX weakest since July; loonie hits 19-month low

Published 2018-12-21, 10:29 a/m
© Reuters.  CANADA STOCKS-TSX weakest since July; loonie hits 19-month low
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Dec 21 (Reuters) - Shares in Toronto's main stock index hovered around five-month lows on Friday, tracking a global sell-off and lower oil prices, while the Canadian dollar weakened to a 19-month low.

* At 10:15 a.m. ET (15:15 GMT), the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was down 0.10 points, or 6.98 percent, at 14,141.23.

* The Canadian economy expanded by 0.3 percent in October from September, supported by strength in manufacturing, finance and insurance. Seven of the index's 11 major sectors were lower, led by declines in the energy sector .SPTTEN , as oil prices fell to multi-month lows on Friday. O/R

* The Canadian dollar CAD= weakened to a 19-month low against its U.S. counterpart due to the fall in global equities and oil prices. The materials sector .GSPTTMT , which includes precious and base metals miners, fell 0.2 percent as gold prices wobbled against a steady dollar.

* On the TSX, 104 issues were higher, while 136 issues declined for a 1.31-to-1 ratio to the downside, with 159.15 million shares traded.

* The largest percentage gainer on the TSX was Bombardier Inc BBDb.TO , which jumped 4.1 percent after the company received additional orders for its Francilien trains, in a deal valued at about $378 million dollars. Maxar Technologies Ltd MAXR.TO fell 7.1 percent, the most on the TSX, while Husky Energy Inc HSE.TO , down 3.4 percent, was the second biggest decliner.

* The most heavily traded shares by volume were Bombardier Inc BBDb.TO , Manulife Financial Corp MFC.TO and Enbridge Inc ENB.TO .

* The TSX posted no new 52-week highs and 25 new lows.

* Across all Canadian issues there were six new 52-week highs and 102 new lows, with total volume of 176.72 million shares.

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