The TSX fell 12 points at midday, dragged down mostly by weak telecom and material stocks.
Weighing on sentiments were BCE (BCE.TO), which tumbled almost 2% after reporting below-forecast 2017 guidance, and Cameco (CCO.TO), which shed 4% a day after Tokyo Electric Power Company (TEPCO) has issued a termination notice for a uranium supply contract with the company.
Telecoms were down 0.8%. Mining and metals slipped 0.5% and 1.0%, respectively. Healthcare was the strongest group, advancing 1.2%.
Total volume traded so far was 176.1 million shares. B2Gold (BTO.TO) was the most actively traded stock.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
