June 18 (Reuters) - Canada’s main stock index fell on Thursday as a rise in coronavirus cases in some U.S. states and China dampened hopes of a swift economic recovery, with poor domestic trade data further denting sentiment.
* New coronavirus infections rose sharply in six U.S. states, while authorities in Beijing ramped up efforts to contain a new coronavirus outbreak.
* Canada’s wholesale trade plunged a record 21.6% in April as the COVID-19 pandemic shut down businesses across the country, Statistics Canada data showed.
* At 9:38 a.m. ET (13:38 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was down 81.16 points, or 0.53%, at 15,347.53.
* The energy sector dropped 0.5% as U.S. crude prices were down 0.4% a barrel, while Brent crude was unchanged.
* The financials sector slipped 1.2%. The industrials sector fell 0.7%.
* The materials sector, which includes precious and base metals miners, lost 0.2% as gold futures fell 0.4% to $1,721.9 an ounce.
* On the TSX, 45 issues were higher, while 176 issues declined for a 3.91-to-1 ratio to the downside, with 14.49 million shares traded.
* The largest percentage gainer on the TSX was Shopify Inc , which jumped 2.7% after RBC raised its target price for the stock, followed by Empire Company Ltd, which rose 2.3% after its quarterly results beat expectations.
* Hexo Corp fell 3.6%, the most on the TSX, after the pot producer announced the sale of its Niagara facility.
* The second-biggest decliner was Brookfield Business Partners L.P, down 3.2%.
* The most heavily traded shares by volume were BCE Inc , down 0.9%, Bombardier Inc, down 1%, and Hexo Corp, down 3.6%.
* The TSX posted no new 52-week highs and no new lows.
* Across all Canadian issues there were seven new 52-week highs and one new low, with total volume of 24.84 million shares. (Reporting by Amal S in Bengaluru; Editing by Aditya Soni)
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