Activity on Canada’s main stock market was muted heading into the Christmas weekend on Friday, with investors digesting U.S. economic data that offered evidence of cooling inflation.
The TSX Composite gained 42.70 points to break for lunch Friday at 19,392.36.
The Canadian dollar recovered 0.24 cents at 73.57 cents U.S.
Among individual stocks, Superior Plus continued its rally from Thursday, gaining 5.9% after the
natural gas supplier is set to acquire Certarus Ltd for $1.05 billion including debt.
Elsewhere, Shopify proved an anchor weighing tech issues, declining $1.64, or 3.5%, to $45.62, while Lightspeed Commerce ditched 50 cents, or 2.7%, to $17.89.
In cannabis issues, Cronos Group shed 14 cents, or 3.9%, to $3.43, while Tilray lost nine cents, or 2.4%, to $3.73.
Things were cheerier for energy issues, particularly, Athabasca Oil, up 12 cents, or 5.6%, to $2.27, while Baytex climbed 29 cents, or 5.1%, to $6.01.
In metals, … Read more