Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolio

TSX flat as mining sector offsets losses in cannabis shares

Published 2019-06-24, 10:17 a/m
© Reuters.  TSX flat as mining sector offsets losses in cannabis shares
XAU/USD
-
AUYN
-
GC
-
LCO
-
CL
-
GSPTSE
-
CG
-
SWY
-
GSPTTHC
-
GSPTTIN
-
SPTTFS
-
GSPTTMT
-
SPTTEN
-
KRR
-
WEED
-
APHA
-
FF
-

June 24 (Reuters) - Canada's main stock index was unchanged on Monday, with losses in stocks of cannabis producers offsetting a rise in shares of precious metal miners as fears of an escalation in U.S.-Iran tensions spurred demand of gold.

* At 9:37 a.m. ET (13:37 GMT), the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was down 8.49 points, or 0.05%, at 16,516.94.

* Investors globally will be on edge ahead of a high stakes meeting later this week between the presidents of United States and China at the G20 summit where they are expected to work out differences in trade issues.

* Six of the index's 11 major sectors were lower, led by the more than 1.3% drop in the healthcare sector .GSPTTHC .

* Canopy Growth Co WEED.TO fell 2.4%, the most on the TSX, as Cormark Securities cut price target on the cannabis maker's shares.

* The second biggest decliner was Aphria Inc APHA.TO , down 1.9%.

* The materials sector .GSPTTMT , which includes precious and base metals miners and fertilizer companies, added 0.5% as gold futures GCc1 rose 1% to $1,409.7 an ounce. GOL/ MET/L

* The largest percentage gainers on the TSX were Centerra Gold CG.TO , which jumped 2.2% and Yamana Gold Inc YRI.TO , which rose 1.9%.

* The energy sector .SPTTEN dropped 0.9% as U.S. crude CLc1 prices were down 0.3% a barrel, while Brent crude LCOc1 lost 0.8%. O/R

* The heavyweight financials sector .SPTTFS remains unchanged while the industrials sector .GSPTTIN fell 0.3%.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

* On the TSX, 107 issues were higher, while 121 issues declined for a 1.13-to-1 ratio to the downside, with 10.16 million shares traded.

* The most heavily traded shares by volume were Royal Nickel Corp RNX.TO , Stornoway Diamond Corp SWY.TO and First Mining Gold Corp FF.TO .

* The TSX posted 12 new 52-week highs and no new low.

* Across all Canadian issues there were 38 new 52-week highs and 3 new lows, with total volume of 22.57 million shares.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.