The TSX was down by 42 points mid-afternoon, an improvement
compared to midday, after energy and info tech shares reversed
their earlier downward trend.
The benchmark index was hurt by World Bank's downward revision
of its global growth outlook, which was based on a combination of
events such as the Ukraine crisis and the harsh weather
Healthcare was still the weakest sector, down 1.30%, with
Valeant Pharmaceuticals (VRX.TO) shedding 1% a day after its
takeover target Allergan (
) rejected its offer. Telecom was a close second, falling 1.13%.
Mining shares were off 0.74%, with
slipping 0.41%. The heavyweight financials were down by 0.54%.
Meanwhile, info tech swung to a 0.21% gain. Energy shares also
turned positive, up 0.10%, despite dropping crude oil and
More than 182 million shares have changed hands so far. Osisko
Mining (OSK.TO) was the most actively traded stock, with volume of
over 8 million shares. Amaya Gaming (AYA.TO) was the biggest
percentage gainer, while Reitmans (RET-A.TO) was the biggest
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