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Canadian stock market down

Source: Xinhua| 2018-01-19 08:03:58|Editor: ZD
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TORONTO, Jan. 18 (Xinhua) -- Canada's main stock index was down Thursday, due to fall of gold miners and energy stocks.

The Toronto Stock Exchange's benchmark Standard & Poor's/TSX Composite fell 42.23 points, or 0.26 percent, to end the day at 16,284.47. Half of the index's 10 main groups were down.

The Canadian dollar slid 0.014 cents to 0.8063 U.S. dollar.

Husky dropped 6.8 percent to 17.77 Canadian dollars.

The broader energy sector lost 1.4 percent although oil prices held steady.

Barrick dipped 2.5 percent to 17.71 Canadian dollars.

The materials sector, which includes precious and base metals miners and fertilizer companies, declined 1.2 percent.

Oceanagold Corp rose 4.4 percent to 3.32 Canadian dollars after saying it produced a record amount of gold in 2017, while Hudbay Minerals Inc fell 6.2 percent to 11.73 Canadian dollars after it released its 2018 production and cost guidance.

The financials group added 0.1 percent after the Bank of Canada raised interest rates Wednesday. Royal Bank of Canada gained 0.6 percent to 106.91 Canadian dollars and Toronto-Dominion Bank edged up 0.4 percent to 73.76 Canadian dollars.

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