December 19, 2019 / 3:48 PM / in 8 months

CANADA STOCKS-Canadian stocks flat as higher oil prices offset by losses in materials

Dec 19 (Reuters) - Canada’s main stock index was flat on Thursday as gains in energy on higher oil prices were offset by weakness in the materials sector.

* At 10:07 a.m. ET (15:07 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was up 4.11 points, or 0.02%, at 17,036.09.

* The energy sector climbed 0.4% as U.S. crude prices were up 0.3% a barrel, while Brent crude added 0.4%.

* Seven of the index’s 11 major sectors were lower, led by the materials sector.

* The materials sector, which includes precious and base metals miners and fertilizer companies, fell 0.4%, led by losses in Interfor Corp.

* The largest percentage gainer on the TSX was SNC-Lavalin , which jumped 6.8%, extending gains after markets positively perceived the company pleading guilty to fraud charges on Wednesday.

* The financials sector slipped 0.1%, while the industrials sector fell 0.2%.

* On the TSX, 107 issues were higher, while 112 issues declined for a 1.05-to-1 ratio to the downside, with 28.41 million shares traded.

* Gibson Energy Inc fell 2.8%, the most on the TSX. The second biggest decliner was Gran Tierra Energy Inc, down 2%.

* The most heavily traded shares by volume were Aurora Cannabis, StageZero Life Sciences Inc, and Wallbridge Min.

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

* Across all Canadian issues, there were 21 new 52-week highs and seven new lows, with total volume of 55.03 million shares.

Reporting by Ambar Warrick in Bengaluru; Editing by Shinjini Ganguli

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below