Credit: REUTERS/MARK BLINCHOct 27 (Reuters) - Canada's main stock index was muted on Tuesday, as dismal earnings from Teck Resources Ltd TECKb.TO and Restaurant Brands International Inc QSR.TO offset strength in energy stocks.
* At 9:41 a.m. ET (13:41 GMT), the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was down 7.43 points, or 0.05%, at 16,072.12.
* The energy sector .SPTTEN climbed 0.6% as U.S. crude CLc1 prices were up 0.7% a barrel, while Brent crude LCOc1 added 0.6%. O/R
* The materials sector .GSPTTMT, which includes precious and base metals miners and fertilizer companies, recouped early losses and added 0.1% as gold futures GCc1 rose 0.1% to $1,904.6 an ounce. GOL/
* Teck Resources shed 5.6%, the most on the TSX, after the company missed analysts' estimates for quarterly profit, hurt by a steep drop in the prices of steelmaking coal.
* The second-biggest decliner was Restaurant Brands International, down 2.9% after the restaurant chain posted third-quarter profit below analysts' estimates.
* On the TSX, 141 issues were higher, while 74 issues declined for a 1.91-to-1 ratio favouring gainers, with 15.65 million shares traded.
* The largest percentage gainer on the TSX were Colliers International Group Inc
* Cenovus Energy Inc
* The most heavily-traded shares by volume were Nevada Copper Corp
* The TSX posted no new 52-week highs and no new lows.
* Across all Canadian issues there were one new 52-week highs and two new lows, with a total volume of 27.25 million shares.
(Reporting by Amal S in Bengaluru; Editing by Ramakrishnan M.)
((Amal.S@thomsonreuters.com; within U.S.+1 646 223 8780; outside U.S. +91 80 6749 3677;))
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
