September 9, 2019 / 2:02 PM / a month ago

CANADA STOCKS-TSX flat as tech losses offset energy share gains

(Reuters) - Canada’s main stock index was unchanged on Monday, as an early rise in energy shares was offset by losses in the technology sector.

* At 9:43 a.m. ET (1343 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was down 3.22 points, or 0.02%, at 16,532.11.

* Eight of the index’s 11 major sectors were lower, led by a 1% decline in the technology sector.

* Biggest loser among tech stocks were shares of Shopify Inc , which slid ~3%, followed by a 2% decline in those of BlackBerry Ltd.

* On the other hand, the energy sector jumped 2% as oil prices rose after the new Saudi Arabian energy minister, Prince Abdulaziz bin Salman, confirmed expectations that there would be no radical change in his country’s oil policy.

* The U.S. crude prices were up 1.6% and Brent crude added 1%.

* On the TSX, 114 issues were higher, while 119 issues declined for a 1.04-to-1 ratio to the downside, with 18.27 million shares traded.

* Top percentage gainers on the TSX were shares of energy companies Nuvista Energy, which jumped 9.8%, and Nexgen Energy Ltd, which rose 6.9%.

* Pretium Resources fell 3.3%, the most on the TSX, followed by shares of Hudson’s Bay Co, down 2%.

* The most heavily traded shares by volume were Lydian International Ltd, Baytex Energy Co and Aurora Cannabis.

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

* Across all Canadian issues, there were 10 new 52-week highs and two new lows, with total volume of 31.90 million shares. (Reporting by Shreyashi Sanyal 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