CANADA STOCKS-TSX slips on euro uncertainty, RIM down

Wed Oct 26, 2011 11:27am EDT
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

* TSX off 15.10 points, or 0.1 pct, to 12,094.45

* RIM sags 5 pct on PlayBook software delay

* CN Railway up 2 percent after earnings gain (Updates with details, comments)

By Claire Sibonney

TORONTO, Oct 26 (Reuters) - Toronto's main stock index was little changed in wobbly trade on Wednesday morning, as concerns about the outcome of a summit on Europe's debt crisis offset encouraging U.S. economic data and North American earnings.

Research In Motion RIM.TO was among the big decliners, dropping 5.3 percent to C$21.38, after the BlackBerry maker said a software upgrade for its PlayBook tablet had been delayed until February, months behind schedule. [ID:nN1E79P0NF]

Other weighty decliners were Yamana Gold YRI.TO, off 5.1 percent to C$15.01, and Potash Corp POT.TO, down 1.1 percent to C$48.69.

Base-metal miners were higher as copper prices rallied, with First Quantum Minerals FM.TO, up 3.3 percent at C$17.77. [MET/L]

Canadian National Railway Co CNR.TO was the most influential gainer, rising 2 percent to C$76.60, after reporting a 19 percent jump in quarterly profit late on Tuesday. [ID:nN1E79J1VA]   Continued...