By Adriano Marchese

Toronto-listed stocks were moderately lower mid-trading on Wednesday. Canada's CPI which came in softer than expected on Tuesday is still on investors' minds. Sector performance was mixed in the session, with gains in health services, energy and consumer discretionary offset by losses primarily in tech services, tech and commercial services.

At midday, Canada's S&P/TSX Composite Index was 0.37% lower at 21139.97 and the blue-chip S&P/TSX 60 fell by 0.45% to 1276.79.

Gildan Activewear shares were 4% higher at 47.61 Canadian dollars ($35.20) after the Canadian apparel manufacturer reported earnings and revenue that exceeded forecasts in the fourth quarter and said it expects higher profit in 2024.

Other market movers:

IA Financial's shares were down by 9.3% to C$85.00 after the insurance and wealth management provider's fourth-quarter underlying earnings fell short of expectations.

Shares Bausch + Lomb rose by 9.3% in Toronto to C$21.58 after it said fourth-quarter revenue and adjusted earnings topped analyst expectations thanks in large part to strong performance across its segments.

First Quantum Minerals shares were 4% higher at C$12.07 despite an earnings miss in the fourth quarter after the Canadian miner flagged progress on talks to sell assets and pay down debt.

Write to Adriano Marchese at

(END) Dow Jones Newswires

02-21-24 1217ET