Canadian stocks sagged leading up to lunch break on Friday, as weakness in energy stocks and fears of tighter lockdowns amid rising coronavirus cases globally outweighed optimism around a $1.9-trillion U.S. stimulus plan.
The TSX remained behind 48.45 points midday to 17,909.64.
The Canadian dollar fell 0.52 cents at 78.54 cents U.S.
Ballard Power Systems fell $3.50, or 8%, the most on the TSX, to $40.17. The second biggest decliner was Osisko Mining, down 22 cents, or 6.3%, to $3.25.
The largest percentage gainers on the TSX were Blackberry Limited, which jumped $1.78, or 15.5% to $13.24, its highest point in more than two years, and Aphria, which rose $1.20, or 7.9%, to $16.45, extending its prior session’s gains after an upbeat quarterly earnings.
On the economic beat, the Canadian Real Estate Association reported national home sales rose 7.2% on a month-over-month basis in December.
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