By Adriano Marchese

Toronto-listed stocks were firmly lower Wednesday at midday.

Sector performance in Canada was mixed, with materials, energy and healthcare posting the largest declines. On the gainers' side, information technology was the best performer, followed by utilities and industrials.

At midday, Canada's S&P/TSX Composite Index was 0.4% lower, at 22387.65, and the blue-chip S&P/TSX 60 fell by 0.3%, to 1337.79.

CAE shares fell by 7.7%, to 24.99 Canadian dollars (US$18.30), after the aerospace company reported that challenges in its defense segment required a re-baselining of expectations and the creation of a new chief operating officer role.

Other market movers:

Shares in Heroux-Devtek were 8.5% higher, at C$22.72, after the company reported a rise in profit in the fourth quarter as demand from large aerospace contractors helped drive sales above expectations.

High Liner Foods said it has acquired a 4.5% stake in Norwegian salmon-aquaculture company Andfjord Salmon Group for US$10 million in a bid to expand its alternative-salmon-farming exposure. Shares were down 0.9%, to C$13.12.

Write to Adriano Marchese at

(END) Dow Jones Newswires

05-22-24 1219ET