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The Canadian stock market is down in negative territory a little past noon on Monday, after opening on a weak note amid worries about growth due to continued spikes in coronavirus cases and tighter restrictions on movements in several parts across the world.
Energy, materials, utilities and real estate stocks are weak.
Healthcare stocks are having a good outing, while technology, financial and consumer sector stocks are turning in a mixed performance.
The benchmark S&P/TSX Composite Index, which opened nearly 120 points down at 17,924.12, was down 52.99 points or 0.3 per cent at 17,989.08 about a quarter past noon.
Among energy shares, Cenovus Energy is declining 3.3 per cent, Seven Generations Energy is down 2.3 per cent and MEG Energy Corp is sliding 2 per cent. Vermilion Energy, PrairieSky Royalty and Crescent Point Energy are down 1 to 1.4 per cent.
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13/01/2021
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