By Adriano Marchese


Stocks listed in Toronto were mildly lower Tuesday at midday. Investors are awaiting Wednesday's Bank of Canada decision, where 80% of economists expect the central bank to cut interest rates by 50 basis points, according to FactSet.

Sectors were largely skewing red in the session, with most losses in consumer durables, financials and producer manufacturing, Only commercial services, consumer discretionary and retail posted any gains.

Canada's S&P/TSX Composite Index fell by 0.3% to 25538.89 and the blue-chip S&P/TSX 60 declined by 0.3% to 1531.96.

Lundin Gold shares fell by 3.4% to 34.26 Canadian dollars ($24.17) after the company reported higher costs projections from its operations as part of its guidance, more than analysts expected.


Other market movers:

Freehold Royalties said it has increased the size of its bought-deal equity financing by about 20% to fund its acquisition in Texas. Shares fell 3.4% to C$13.18.

Bragg Gaming Group shares jumped over 11% to C$5.16 after it said a recent strategic review confirmed that its 2025 growth plan is achievable.


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


(END) Dow Jones Newswires

12-10-24 1222ET