By Adriano Marchese
Stocks in Toronto were lower in midday trading Friday after spending a brief time in green territory, with losses in consumer non-durables and tech outweighing gains in process industries. Shares in ATS Automation Tooling Systems Inc. fell after it announced its acquisition of Italy-based system integrator HSG Engineering SRL for an undisclosed sum.
At midday, Canada's S&P/TSX Composite Index was down 0.24% at 21021.09, and the blue-chip S&P/TSX 60 also fell 0.24% to 1277.59.
ATS Automation Tooling Systems Inc. declined 0.6% to C$50.88 after the company said the acquisition of HSG Engineering strengthens its process automation solutions business's presence in Italy.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
01-07-22 1211ET
