By Adriano Marchese
Toronto's indexes were mostly unchanged Tuesday mid-trading. Most sectors were in the red, with the biggest declines in energy minerals, tech services and consumer discretionary stocks. Gains in the health-tech, industrial-services and utilities sectors offset the losses.
On the Canadian economic front, gross domestic product decreased 0.3% from the month before to 2.326 trillion Canadian dollars, the equivalent of US$1.692 trillion, according to Statistics Canada.
An early tally of wholesale receipts looks to have risen modestly, up by a 0.1% increase in sales from the month before.
At midday, Canada's S&P/TSX Composite Index was 0.1% lower at 31984.66 and the blue-chip S&P/TSX 60 was flat at 1872.83.
One of the main drags on the energy sector was Strathcona Resources, whose shares fell 24% to C$29.70 after the company said it paid out its C$10 special distribution to shareholders. The oil-and-gas company also increased its debt facility and sold off all its publicly traded investments.
Other market movers:
GDI Integrated Facility Services shares surged by 24% to C$36.20 after the company said it has agreed to be taken private by an entity affiliated its own chief executive officer, Claude Bigras, and private-equity firm Birch Hill Equity Partners Management. The offering price was for C$36.60 a share, representing a 25% premium over Monday's closing price.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
12-23-25 1224ET
