TORONTO: Canada’s main stock index fell on Friday, as the mining sector was dragged down by cooling metal prices and technology shares retreated, though the benchmark was still on track for its second straight week of gains.
The S&P/TSX Composite Index was down 0.3 percent at 32,941.12 points as of 10:54 a.m. ET.
The materials index, which includes metal miners, dropped 1.7 percent after gold, silver and copper prices pulled back from record highs.
Endeavour Silver was the biggest loser on the TSX, falling Information technology shed 1.9 percent, with safety tech company Blackline Safety losing 4.3 percent a day after reporting fourth-quarter results.
Energy shares helped offset some of the losses, gaining 0.8 percent on rising oil prices. Crude added nearly 1 percent as remained in focus despite the receding likelihood of a US military strike on Iran.