Canada's main stock, the Toronto Stock Exchange, failed to hold
on to afternoon gains that took it to just shy of 13,600 - its
highest levels in the best part of three years. After holding out
on one bout of selling inside the last hour, the index relinquished
to a second late on and eventually closed down around half a dozen
points. It touched a day high 13,597.48 and was twice below 13,575
in the morning session.
Sectors were mixed, with five of them higher and three lower. Of
those lower, the influential Energy was down 0.35%, with
Industrials and Utilities also down.
Otherwise, Health Care gained 1.3% while Info Tech was 0.6%
The resources heavy TSX was not helped by lower commodity
prices. Gold declined 0.8% to settle at around US$1,203.80, falling
for the first time in four days in New York. It is poised to record
its biggest annual loss in around 30 years. West Texas Intermediate
crude slipped below US$100 a barrel with U.S. inventories near
Capping losses was Colossus Minerals (CSI.TO), which closed up
1.5 cents at 9.5 cents having earlier touched 12 cents with more
than 12 million shares traded.
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