23.11.2015 22:17:20
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Canadian Stocks Fall Led By Miners -- Canadian Commentary
(RTTNews) - Canadian stocks edged lower Monday, giving up early gains amid significant weakness in the mining sector.
A stronger US dollar as been hitting commodity prices in the second half of 2015.
Energy stocks fared decently today, however, amid bargain hunting in the oil patch.
Health care stocks lost 1.7 percent, while financials were down fractionally.
The S&P/TSX Composite Index was down 51.11 points to 13,382.30.
CP Rail (CP.TO) plans to keep its headquarters in Canada, management told Report on Business. Shares slipped 1.3 percent.
Manitoba Telecom Services Inc. (MTS.TO) will sell its Allstream unit to U.S.-based Zayo Group Holdings Inc. for $465 million cash. MTS shares were up 5.5 percent.
TransCanada (TSE.TO) halted pipeline construction after drilling fluid spills under the Athabasca River in Alberta. Shares were down 1.2 percent.
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