TSX flat as tech losses offset energy share gains


(Reuters) - Canada's main stock index was unchanged on Monday, as an early rise in energy shares was offset by losses in the technology sector.

* At 9:43 a.m. ET (1343 GMT), the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was down 3.22 points, or 0.02%, at 16,532.11.

* Eight of the index's 11 major sectors were lower, led by a 1% decline in the technology sector .SPTTTK.

* Biggest loser among tech stocks were shares of Shopify Inc SHOP.TO, which slid ~3%, followed by a 2% decline in those of BlackBerry Ltd BB.TO.

* On the other hand, the energy sector .SPTTEN jumped 2% as oil prices rose after the new Saudi Arabian energy minister, Prince Abdulaziz bin Salman, confirmed expectations that there would be no radical change in his country's oil policy. O/R

* The U.S. crude CLc1 prices were up 1.6% and Brent crude LCOc1 added 1%. O/R

* On the TSX, 114 issues were higher, while 119 issues declined for a 1.04-to-1 ratio to the downside, with 18.27 million shares traded.

* Top percentage gainers on the TSX were shares of energy companies Nuvista Energy , which jumped 9.8%, and Nexgen Energy Ltd , which rose 6.9%.

* Pretium Resources fell 3.3%, the most on the TSX, followed by shares of Hudson's Bay Co , down 2%.

* The most heavily traded shares by volume were Lydian International Ltd , Baytex Energy Co and Aurora Cannabis .

* The TSX posted four new 52-week highs and no new low.

* Across all Canadian issues, there were 10 new 52-week highs and two new lows, with total volume of 31.90 million shares.

(Reporting by Shreyashi Sanyal in Bengaluru; Editing by Shinjini Ganguli)

((Shreyashi.Sanyal@thomsonreuters.com; +1 646 223 8780;))

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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