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March 17 (Reuters) - Canada’s main stock index on Tuesday inched above a four-year low hit in the previous session, helped by a broader recovery in equities, even as concerns over the economic impact of the coronavirus outbreak weigh on markets.
* At 9:53 a.m. ET (1353 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was up 19.31 points, or 0.16%, at 12,379.71. On Monday, the index had plummeted nearly 10%.
* The benchmark has lost nearly a third of its value since hitting a peak last month as investors fear the economic impact of the virus outbreak, which has disrupted business activity across the globe.
* Materials and consumer staple stocks were the day’s best-performing sectors, although gains were marginal at best.
* The energy sector dropped 7.1%, facing continued pressure from weak oil prices following a shock crash last week.
* On the TSX, 78 issues rose, while 148 issues fell, a 1.90-to-1 ratio in favor of the losers, with 51.43 million shares traded.
* The largest percentage gainers on the TSX were Iamgold Corp, which jumped 10.8%, and Franco-Nevada Corp , which rose 9.6%.
* Hexo Corp fell 27.6%, the most on the TSX, after it flagged uncertainty over its ability to continue as a going concern.
* The most heavily traded shares by volume were Bombardier Inc, Suncor Energy, and Hexo Corp.
* The TSX posted no new 52-week highs and 60 new lows.
* Across all Canadian issues, there were two new 52-week highs and 189 new lows, with total volume of 79.48 million shares. (Reporting by Ambar Warrick in Bengaluru; Editing by Vinay Dwivedi)
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