Canada Stocks Slump for Second Day as CGI Shares Fall

(Corrects to remove Couche-Tard from headline.)

Canadian stocks fell for a second day, led by raw-material producers and technology shares.

CGI Group Inc. (GIB/A) declined 2.4 percent after investor Caisse de Depot et Placement du Quebec sold some of its shares in the company. Alimentation Couche-Tard Inc. rose 0.3 percent after reporting higher-than-estimated earnings and boosting its dividend.

The Standard & Poor’s/TSX Composite Index (SPTSX) retreated 51.90 points, or 0.4 percent, to 13,420.32 at 10:14 a.m. in Toronto. The benchmark equity gauge has risen 8 percent this year. All 10 main industries in the measure fell today.

To contact the reporter on this story: Eric Lam in Toronto at

To contact the editor responsible for this story: Lynn Thomasson at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to 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.