TSX Down 1.3% Mid-Afternoon; Miners, Energy Curb Earlier Losses
The Canadian main stock index pared its earlier loss and was down 1.3%, or 187 points, mid-afternoon. Info tech and utilities remained strong amid widespread slump, gaining 0.95% and 0.31%, respectively.
Miners were still the biggest loser but have improved from their midday loss. The sector was down 2.87%, still on pressures from falling silver and copper prices. Industrials, down 1.97% at midday, were off 2.01% in the afternoon. Energy was down 1.14%, versus a 1.51% drop earlier.
Financials was the third biggest decliner, down 1.52%.
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