Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

TSX treads water as tech, energy stocks offset rally in gold miners

Published 2019-10-25, 10:15 a/m
© Reuters.  TSX treads water as tech, energy stocks offset rally in gold miners

Oct 25 (Reuters) - Canada's main stock index was little changed on Friday as losses in technology and energy companies outweighed gains made by precious metal miners on the back of higher gold prices.

* At 9:50 a.m. ET (13:50 GMT), the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was down 3.47 points, or 0.02%, at 16,365.85. The index was set for a fifth consecutive weekly loss.

* Nine of the index's 11 major sectors were lower, led by the tech sector .SPTTTK .

* The energy sector .SPTTEN was down 0.6%, hurt by a weakness in oil prices, with U.S. crude CLc1 down 0.2% , while Brent crude LCOc1 eased 0.1%. O/R

* The materials sector .GSPTTMT , which includes precious and base metals miners, advanced 1.7% on higher gold prices, with the bullion headed for its best week in five. GOL/

* The financials sector .SPTTFS was flat, while the industrials sector .GSPTTIN fell 0.4%.

* On the TSX, 108 issues were higher, while 113 issues declined for a 1.05-to-1 ratio to the downside, with 16.07 million shares traded.

* The largest percentage gainers on the TSX were Yamana Gold Inc YRI.TO and Pan Am Silver PAAS.TO .

* Celestica CLS.TO fell 12.5%, the most on the TSX, after the company reported its third-quarter results.

* The most heavily traded shares by volume were Zenabis Global Inc ZENA.TO , Yamana Gold Inc YRI.TO and Bank Of Montreal BMO.TO .

* The TSX posted two new 52-week highs and six new lows.

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

* Across all Canadian issues there were 12 new 52-week highs and 15 new lows, with total volume of 29.68 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.