for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

CANADA STOCKS-TSX edges higher on healthcare boost; energy stocks fall

May 13 (Reuters) - Canada’s main stock index rose on Thursday, supported by healthcare and consumer discretionary stocks, although energy stocks, tracking a more than 2% fall in crude oil prices, limited gains.

* At 9:46 a.m. ET (1346 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was up 27.19 points, or 0.14%, at 19,134.96.

* Retailer Canadian Tire Corp Ltd rose 7.4% after smashing estimates for first-quarter profit, as pandemic-weary people bought more bikes, patio furniture and pool supplies online to stay entertained during the COVID-19 pandemic.

* Canada Goose Holdings Inc, fell 6.2% despite posting a surprise profit and forecasting annual revenue above C$1 billion for the first time.

* The healthcare sector’s 2.1% gain was the highest.

* The energy sector dropped 0.6% as U.S. crude prices were down 2.5% a barrel, while Brent crude lost 2.3%.

* The financials sector gained 0.7%. The industrials sector rose 0.9%.

* The materials sector, which includes precious and base metals miners and fertilizer companies, lost 0.8% as gold futures fell 0.5% to $1,814.3 an ounce.

* On the TSX, 143 issues were higher, while 81 issues declined for a 1.77-to-1 ratio favouring gainers, with 28.11 million shares traded.

* The largest percentage gainers on the TSX were Canadian Tire Corp Ltd and Home Capital Group, rising 7.2% and 6.8% after their quarterly results beat.

* Pan American Silver Corp fell 10.1%, the most on the TSX, after reporting a loss of 4 cents per share for the first quarter.

* The second-biggest decliner was AcuityAds Holdings Inc , down 5.4%.

* The most heavily traded shares by volume were Manulife Financial Corp, Enbridge Inc and Black Iron Inc.

* The TSX posted three new 52-week highs and no new lows.

* Across all Canadian issues, there were nine new 52-week highs and eight new lows, with total volume of 49.52 million shares. (Reporting by Shivani Kumresan in Bengaluru; Editing by Maju Samuel)

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up