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Canadian Stock Market Falls-Nov 2
 

Canadian stock market edged down on Thursday, ending a five-day winning streak, as the health-care and utility sectors took some knocks.

The Toronto Stock Exchange's benchmark Standard & Poor's/TSX Composite Index fell 14.34 points, or 0.09 percent, to close the day at 16,014.99.

Techs had a strong day, as Kinaxis jumped 7.37 Canadian dollars, or 11.7 percent, to 70.65 Canadian dollars after posting a quarterly profit that came ahead of forecasts.

Constellation Software jumeped 11.89 Canadian dollars, or 1.6 percent, to 737.23 Canadian dollars.

Among consumer staples, Restaurant Brands rose 98 cents, or 1.2 percent, to 84.17 Canadian dollars, while grocer Metro climbed 44 cents, or 1.1 percent, to 41.10 Canadian dollars.

In the industrial group, Bombardier surged 17 cents, or 6.1 percent, to 2.95 Canadian dollars, while Air Canada jumped 30 cents, or 1.2 percent, to 24.40 Canadian dollars.

Health-care stocks dropped after several strong days of gains, with Valeant Pharmaceuticals peeling off 1.20 Canadian dollars, or 7.8 percent, to 14.14 Canadian dollars, while Canopy Growth dropped 32 cents, or 1.9 percent, to 16.17 Canadian dollars.

Utilities also took it on the chin, as Algonquin Power & Utilities doffed 45 cents, or 3.2 percent, to 13.30 Canadian dollars while Enbridge shed 2.33, or 4.7 percent, to 47.07 Candian dollars.


(www.chinaview.cn 2017-11-03)
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