Breaking News

Moelis & Co. Opens at $27 a Share, IPO Priced at $25
Tweet TWEET

Canada Stocks Little Changed as BlackBerry Gains, Materials Fall

Canadian stocks were little changed after closing at a one-week high, as BlackBerry (BB) Ltd. climbed a third day and commodities producers slumped amid falling oil and gold prices.

BlackBerry rose 3.4 percent today, after announcing yesterday it had formed a special committee to consider strategic options. Iamgold added 3.6 percent after lowering its cost forecasts for the year. Pengrowth Energy Corp. and TransGlobe Energy Corp. fell at least 1.2 percent as crude slid 0.4 percent.

The Standard & Poor’s/TSX Composite Index (SPTSX) rose 13.32 points, or 0.1 percent, to 12,607.59 at 10:13 a.m. in Toronto. The index has gained 1.4 percent this year.

To contact the reporter on this story: Eric Lam in Toronto at elam87@bloomberg.net

To contact the editor responsible for this story: Lynn Thomasson at lthomasson@bloomberg.net

Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.