Canadian benchmark equity index adds 1.30 percent for the week
Friday, October 01, 2021 6:52 PM

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TORONTO, Oct. 1, 2010 (Xinhua News Agency) -- Canadian stocks see-sawed on Friday. The S&P/TSX Composite Index closed down 5.57 points, or 0.05 percent, at 12,363.08. For the week, the benchmark equity index added 1.30 percent.

Seven out of 12 sectors on the Toronto Stock Exchange (TSX) registered losses with the index measuring the consumer staples sector losing 1.01 percent.

Soppers Drug Mart Corp. dropped 2.93 percent.

The index measuring the energy sector on the TSX added 1.09 percent. Suncor Energy Inc. (TSX:SU) (NYSE:SU) , Canada's largest energy producer, rose 1.28 percent.

The index measuring the diversified metals and mining sector increased 1.47 percent. Teck Resources Ltd., Canada's largest base- metals producer, surged 2.43 percent. Lundin Mining Corp. (OOTC:LUNCF) (TSX:LUN) climbed 1.56 percent.

BHP Billiton said on Friday that it expected to lodge a motion within the next few days to challenge a lawsuit filed by Potash Corp (NYSE:POT) (TSX:POT) to battle BHP's hostile takeover bid. Potash Corp. of Saskatchewan Inc. lost 1.69 percent.

BlackBerry maker Research in Motion Ltd. (NASDAQ:RIMM) rallied 2.20 percent.

On the currency front, the Canadian dollar appreciated against its U.S. counterpart on Friday.

One U.S. dollar was buying 1.0194 Canadian dollars at market close on Friday, compared with one U.S. dollar buying 1.0289 Canadian dollars on Thursday.

 

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