October 25, 2019 / 2:15 PM / 2 months ago

CANADA STOCKS-TSX treads water as tech, energy stocks offset rally in gold miners

Oct 25 (Reuters) - Canada’s main stock index was little changed on Friday as losses in technology and energy companies outweighed gains made by precious metal miners on the back of higher gold prices.

* At 9:50 a.m. ET (13:50 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was down 3.47 points, or 0.02%, at 16,365.85. The index was set for a fifth consecutive weekly loss.

* Nine of the index’s 11 major sectors were lower, led by the tech sector.

* The energy sector was down 0.6%, hurt by a weakness in oil prices, with U.S. crude down 0.2% , while Brent crude eased 0.1%.

* The materials sector, which includes precious and base metals miners, advanced 1.7% on higher gold prices, with the bullion headed for its best week in five.

* The financials sector was flat, while the industrials sector fell 0.4%.

* On the TSX, 108 issues were higher, while 113 issues declined for a 1.05-to-1 ratio to the downside, with 16.07 million shares traded.

* The largest percentage gainers on the TSX were Yamana Gold Inc and Pan Am Silver.

* Celestica fell 12.5%, the most on the TSX, after the company reported its third-quarter results.

* The most heavily traded shares by volume were Zenabis Global Inc, Yamana Gold Inc and Bank Of Montreal.

* The TSX posted two new 52-week highs and six new lows.

* Across all Canadian issues there were 12 new 52-week highs and 15 new lows, with total volume of 29.68 million shares. (Reporting by Agamoni Ghosh; Editing by Aditya Soni)

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