SAN FRANCISCO (MarketWatch) -- Toronto's benchmark equities index slipped 42 points, or 0.4%, to 11,871 Thursday, tracking U.S. markets following a weak Institute for Supply Management report. A 1% loss in the materials sector /zigman2/quotes/210598474/delayed XX:TORGC195 -1.33% and 0.46% decline in metals and mining stocks pressured the market. Most gold miners struggled, with shares of Kinross Gold Corp. /zigman2/quotes/200423011/delayed CA:K -2.36% slipping 3.7% and Novagold Resources /zigman2/quotes/202931372/delayed CA:NG -1.66% falling 3.8%. In corporate news, plane and train manufacturer Bombardier /zigman2/quotes/208994866/delayed CA:BBD.B +2.15% announced Thursday a technology licence agreement with CSR Puzhen, a subsidiary of China South Locomotive & Rolling Stock Corporation Ltd. Bombardier's stock added as much as 1.7% following the news. The greenback rose against its Canadian counterpart /zigman2/quotes/210561978/realtime/sampled USDCAD +0.2511% , with one U.S. dollar buying C$1.0147 vs. C$1.0133 Wednesday.
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Canada stocks down on central bank action