TORONTO — Canada’s main stock index was flat on Wednesday, helped by strength in battery metal and technology stocks, while U.S. stock markets moved lower. The S&P/TSX composite index was up 13.18 points at 21,656.05.
TORONTO — Canada’s main stock index was flat on Wednesday, helped by strength in battery metal and technology stocks, while U.S. stock markets moved lower.
The S&P/TSX composite index was up 13.18 points at 21,656.05.
Kevin Headland, co-chief investment strategist at Manulife Investment Management, said the TSX has been outperforming its U.S. counterparts in recent days, led by commodities gains on Wednesday.
He noted diversified metals and mining companies, along with tech companies such as Shopify Inc., saw their stocks rise, primarily based on global factors.
Tuesday’s inflation data from Statistics Canada had little effect, said Headland, who added the federal budget on the same day was “essentially…
