TSX up Near 65 Points at Midday, Info Tech, Materials, Top Gainers
The Toronto Stock Exchange is up near 65 points at midday on Friday. Info tech (+0.8%) and materials (+0.7%) are the top gainers, followed by financial, up 0.4%. Healthcare, down 0.7%, is the biggest decliner, followed by energy, down 0.4%. In economic news, June's employment figures posted an 18,000 job gain, beating consensus expectations of an 11,000 gain. Youth employment figures rose for the second straight month, but manufacturing and construction continued to suffer job losses. In stocks, MTY Foods (MTY.TO) is down over 8% to C$34.60 after it reported a Q2 earnings and revenue miss. The company, which announced a strategic review of its operations last November, said it is shuttering 68 corporate locations at a cost of between C$10 million to C$12 million.
The Toronto Stock Exchange is up near 65 points at midday on Friday.
Info tech (+0.8%) and materials (+0.7%) are the top gainers, followed by financial, up 0.4%.
Healthcare, down 0.7%, is the biggest decliner, followed by energy, down 0.4%.
In economic news, June's employment figures posted an 18,000 job gain, beating consensus expectations of an 11,000 gain.
Youth employment figures rose for the second straight month, but manufacturing and construction continued to suffer job losses.
In stocks, MTY Foods (MTY.TO) is down over 8% to C$34.60 after it reported a Q2 earnings and revenue miss.
The company, which announced a strategic review of its operations last November, said it is shuttering 68 corporate locations at a cost of between C$10 million to C$12 million.