By Adriano Marchese
Toronto stocks were moderately higher on Monday at midday. Investors are awaiting Tuesday's consumer price index report, with most analysts expecting inflation to have cooled.
Most sectors were trending higher in the session, led by health tech, tech services and tech. Of the few decliners, health services, consumer durables and distribution services declined the most.
Canada's S&P/TSX Composite Index was 0.23% higher at 20223.16, and the blue-chip S&P/TSX 60 rose 0.17% to 1220.02.
Exro Technologies shares were over 10% higher at 1.62 Canadian dollars ($1.18) after the company said it has received its first pilot order for a proprietary cell-driver energy-storage system.
Other market movers:
Shares of O3 Mining fell 1.9% to C$1.55 after it said that it plans to raise up to C$9 million by way of a private placement to use toward exploration expenses in Quebec.
Strategic Resources said Monday that the province of Quebec has allowed it to build a larger iron-ore pelletizer than it previously had applied for. Shares were down 8.3% on the news, at C$1.10.
Write to Adriano Marchese at firstname.lastname@example.org
(END) Dow Jones Newswires