Economics
Canada Shares Little Changed as Gold Stocks Jump After Jobs Data
- Jobless rate unexpectedly rose in January amid plunging crude
- Gold, silver producers make up top 10 best performing stocks
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Canadian stocks were little changed on Friday, as gold and silver producers pared earlier losses triggered by data showing the economy lost jobs last month.
The Standard & Poor’s/TSX Composite Index fell 10.51 points, or 0.1 percent, to 12,763.99 at 4 p.m. in Toronto, paring declines in the final hour of trading as raw-material shares advanced. The benchmark gauge capped a weekly drop of 0.5 percent, after posting wild swings of more than 140 index points for six straight days prior to Friday.