CANADA STOCKS-TSX ends choppy session with tiny gain

Tue Nov 25, 2008 6:09pm EST
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* Technology shares slump 3 pct; RIM falls 8 pct

* Financials helped by Fed plan to aid consumer lending

* TD Bank drops 4.7 pct after equity offering

* Several miners suspend operations, materials lower (Adds quotes, details)

By Jennifer Kwan

TORONTO, Nov 25 (Reuters) - After two days of big rises, the Toronto Stock Exchange's main index eked out a tiny gain on Tuesday as firmness in financial shares, due in part to a U.S. Federal Reserve plan to aid consumer lending, offset weakness in technology and materials issues.

The index ended virtually flat after swinging in a range of nearly 300 points from top to bottom in choppy activity. For most of the day it was in negative territory.

"It's been a bit of a bun toss here today after both Toronto and New York being so strong the last two days," said Bruce Latimer, trader at Dundee Securities. "There's one camp that seems to feel the rally will continue and one camp that seems to think there is some profit-taking today."

The S&P/TSX composite index .GSPTSE ended up 1.99 points, or 0.02 percent, at 8,442.86, with six of its 10 main groups higher. On Friday, the index rose 5.6 percent and on Monday it was up 3.5 percent.   Continued...