TSX Sheds 12 Points at Midday As Miners, Energy Drag; Healthcare Leads Gainers

By MidnightTrader.com Staff,

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The Canadian benchmark index turned lower at midday, shedding 12 points to reach 15093.95. Driving losses were mining and energy stocks, with mining shares reacting to falling gold prices . U.S. economic data, however, that showed that consumer confidence climbed in June, has been keeping losses in check.

Mining stocks were down 0.36%, with the price of the yellow metal dropping 0.05% to US$1,317.80 an ounce. Energy issues fell 0.41% even after fears over the ongoing political crisis in Iraq lifted oil prices . Telecom lost 0.20%.

Meanwhile, healthcare was the biggest gainer after jumping 0.35%. It was followed by financials, which were higher by 0.24%.

More than 142 million have changed hands so far. B2Gold (BTO.TO) was the most actively traded.

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

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This article appears in: Investing Commodities
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