Get 40% Off
🤯 Perficient is up a mind-blowing 53%. Our ProPicks AI saw the buying opportunity in March.Read full update

CANADA STOCKS-TSX falls as energy stocks weigh

Published 2020-11-19, 10:04 a/m
© Reuters.

Nov 19 (Reuters) - Canada's main stock index fell on Thursday, weighed by energy stocks as oil prices slipped on concerns over a surge in COVID-19 cases and the impact of tighter coronavirus-related restrictions around the globe on fuel demand.

* The energy sector .SPTTEN dropped 1.1% and was among the worst performing sectors on the main index.

* The sector pressured by oil producers Imperial Oil Limited IMO.TO which fell 2.2%, the most on the TSX, and Tourmaline Oil Corp TOU.TO , down 2%.

* At 9:39 a.m. ET (1439 GMT), the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was down 28.59 points, or 0.17%, at 16,861.23.

* The materials sector .GSPTTMT , which includes precious and base metals miners and fertilizer companies, lost 0.2% as gold futures GCc1 fell 0.8%. GOL/

* On the TSX, 81 issues were higher, while 131 issues declined for a 1.62-to-1 ratio to the downside, with 15.64 million shares traded.

* The largest percentage gainers on the TSX were Norbord Inc OSB.TO , which jumped 12.3%, after West Fraser Timber WFT.TO agreed to buy the lumber producer, and e-commerce platform Shopify Inc SHOP.TO , which rose 2.6%.

* The most heavily traded shares by volume were Sun Life Financial Inc SLF.TO , Suncor Energy Inc SU.TO and Air Canada AC.TO .

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

* Across all Canadian issues there were 11 new 52-week highs and two new lows, with total volume of 29.00 million shares.

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

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.