By Adriano Marchese
Toronto-listed stocks were moderately higher mid-trading on Wednesday. Sector performance was mixed in the session, with gains primarily in energy, consumer discretionary and transportation stocks offsetting losses largely in the tech, tech services and health services sectors.
On the broader economic front, producer price inflation in Canada cooled for the first time in seven months to end 2025, sliding 0.6% in December, as refined petroleum products led a broad decline in prices, though Canadian manufacturers paid more for raw materials as metals costs continued to rise.
Canada's S&P/TSX Composite Index rose 0.1% to 32795.27 and the blue-chip S&P/TSX 60 increased 0.1% to 1899.01.
Teck Resources shares rose 5.7% to 73.46 Canadian dollars ($53.09) after the miner reported strong output in the fourth quarter, topping expectations, and reaffirmed its medium-term guidance.
Other market movers:
Boralex shares fell by 3.3% to C$25.93 after National Bank of Canada analysts said that softer generation, project timing delays and weaker French power prices are set to weigh on near-term results.
Americas Gold & Silver shares rose 3.1% to C$9.89 after it said 2025 silver production increased by more than half over the prior year, thanks to strong performance from its Mexican operations in the fourth quarter.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
01-21-26 1226ET
