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Canadian stock market falling

Xinhua,March 28, 2018 Adjust font size:

TORONTO, March 27 (Xinhua) -- Canada's main stock index fell to its lowest since February Tuesday due to drop of technology and financial shares.

The Toronto Stock Exchange's benchmark Standard & Poor's/TSX Composite Index fell 82.38 points, or 0.54 percent, to close the day at 15,216.18.

The Canadian dollar slipped 0.2 cents at 0. 77.6 U.S.dollar.

The technology group dropped 2.9 percent, with Shopify Inc down 5.9 percent to 165.65 Canadian dollars.

The financials group, which account for more than one-third of the weight of the index, fell 0.9 percent.

The materials group, which includes precious and base metals miners and fertilizer companies, lost 0.9 percent.

The largest percentage gainer was Sierra Wireless, which soared 7.4 percent, while the largest decliner was Corus Entertainment Inc, plunging 10.9 percent. Enditem

 

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