TSX turns lower as energy, miners drag [Business News Network (BNN) Energy & Resources (Canada)]
POTASH CORP of SASKATCHEW (POT)
Last potash corp of saskatchew earnings: 10/26 06:00 am
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Source: Business News Network
TSX turns lower as energy, miners drag Canada's main stock index fell early on the last trading day of 2017 as some energy and mining stocks pulled back, but was on track for a nearly 6 per cent gain for the year. At 9:51 a.m. ET, the Toronto Stock Exchange's S&P/TSX composite index was down 44.51 points, or 0.27 per cent, at 16,177.44, with nine of its 10 main sectors in negative territory. Marijuana stocks helped push the healthcare group higher, with Canopy Growth Corp ( WEED.TO ) up 4.6 per cent to $31.82 and Aphria Inc ( APH.TO ) up 4.3 per cent to $18.78. Canada is moving towards the full legalization of cannabis in 2018. The materials group, which includes precious and base metals miners and fertilizer companies, lost 0.6 per cent. That was despite gains for Potash Corp of Saskatchewan Inc ( POT.TO ), up 1.5 per cent to $26.21, and Agrium Inc ( AGU.TO ), up 1.4 per cent to $146.17. The two companies received final approval for a merger earlier in the week. Hudbay Minerals Inc (
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