TSX Down 31 Points At Midday; Financials, Miners Biggest Decliners After China Data

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Canadian stocks were broadly lower at midday, with the main stock index shedding another 18 points, as China, one of Canada's largest trading partners, reported sluggish manufacturing data. The data showed slower activity in the Asian giant's manufacturing sector.

Particularly hurt were miners and financials that were down 1.10% and 0.97%, respectively. Energy slipped 0.12%.

Also in the negative territory was healthcare, off 0.39%, weighed down by Valeant Pharmaceutical (VRX.TO) that shed C$1.68, or 1.1%, after completing its tender offer for the shares of Solta Medical, Inc. ( SLTM ).



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

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This article appears in: Investing , Commodities

Referenced Stocks: SLTM

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