Canada Stocks: TSX steady at 9-month high as tech, mining gains offset by energy losses

Nevada Copper

26/11/2020 14:58

(Adds details, updates prices)
    Nov 26 (Reuters) - Canada's main stock index traded flat on
Thursday, hovering around nine-month highs as declines in energy
stocks were offset by gains in major technology and mining
players, while a U.S. market holiday kept trading volumes low.
    * At 9:39 a.m. ET (1439 GMT), the Toronto Stock Exchange's
S&P/TSX composite index  .GSPTSE  was up 2.75 points, or 0.02%,
at 17,315.82.
    * The energy sector  .SPTTEN  dropped 0.2%, tracking
declines in crude prices as signs of growing supplies helped to
halt a rally driven by optimism over COVID-19 vaccines.  O/R 
    * The materials sector  .GSPTTMT , which includes precious
and base metals miners and fertilizer companies, added 0.5% as
gold and base metal prices rose against a weaker dollar.  GOL/ 
 MET/L 
    * The information technology sector  .SPTTTK , the second
largest sector in the benchmark after financials, rose 0.2%.
    * On the TSX, 95 issues were higher, while 109 issues
declined for a 1.15-to-1 ratio to the downside, with 10.31
million shares traded.
    * The largest percentage gainer on the TSX was BRP Inc
 DOO.TO , which jumped 4.5% after a series of price-target hikes
on strong third-quarter results.  urn:newsml:reuters.com:*:nL8N2IB4OF
    * Equitable Group  EQB.TO  fell 2.2%, the most on the TSX,
while the second biggest decliner was Inter Pipeline  IPL.TO ,
down 1.8%. 
    * The most heavily traded shares by volume were Suncor
Energy  SU.TO , Score Media and Gaming  SCR.TO  and Nevada
Copper  NCU.TO . 
    * The TSX posted three new 52-week highs and no new lows.
    * Across all Canadian issues there were 35 new 52-week highs
and no new lows, with total volume of 24.95 million shares.

 (Reporting by Ambar Warrick in Bengaluru; Editing by Alison
Williams and Paul Simao)
 ((Ambar.Warrick@thomsonreuters.com; +91-80-6182-2837; Reuters
Messaging: ambar.warrick.thomsonreuters.com@reuters.net;
Twitter: @AmbarWarrick))