By Adriano Marchese


Canadian stocks slightly lower in midday Friday trading. The S&P/TSX Composite Index is on track for a roughly 1% decline after the previous week's 5.8% rally. Sector performance was mixed in the session, with gains primarily in tech, energy and industrial services, offset by declines in consumer discretionary, health tech and materials.

Canada's S&P/TSX Composite Index were down 0.02% at 19582.76. The blue-chip S&P/TSX 60 fell by 0,08% to 1179.64.

Shares of AtkinsRealis, the name SNC-Lavalin Group is adopting, rose 4.4% to 42.21 Canadian dollars ($30.57) after the company reported higher third-quarter profit boosted by a disposal and better-than-expected revenue.


Other market movers:

Aurora Cannabis shares were 4.9% higher at C$0.64 after the Canadian cannabis company said stronger medical cannabis sales supported better-than-expected revenue and adjusted earnings growth in its second fiscal quarter.

Saputo's shares fell back by 6.9% to C$27.04 after the dairy company issued a cautious outlook following weaker sales in the recent quarter.

Stantec's shares rose by 7.5% to C$93.70 after the engineering company lifted its guidance for the year following stronger-than-expected earnings for the third quarter on continued strong demand, particularly in the U.S. and Canada.


Write to Adriano Marchese at adriano.marchese@wsj.com


(END) Dow Jones Newswires

11-10-23 1220ET