By Adriano Marchese


Toronto indexes were trending lower Monday mid-session, weighed down by losses primarily in health tech, materials and health services stocks. On the gainers' side were consumer discretionary, retail and consumer services, but the gains weren't enough to offset the downward push.

Canadian manufacturing activity continued to firm in November thanks to improvements in output, new orders and employment.

Canada's S&P/TSX Composite Index fell 0.4% to 25535.77. The blue-chip S&P/TSX 60 declined by 0.4% to 1532.89.

Lightspeed Commerce shares fell 6.4% to C$24.56 ($17.51) after the Canadian commerce company said it would lay off 200 of its staff at a time when the company is mulling a potential sale of the business.


Other market movers:

Bausch Health appointed former Bristol-Meyers Squibb executive Jonathan Sadeh to head up its research and development. Shares fell 4.6% to C$11.41.

Shares of Lion Electric rose 61% to C$0.41 after the EV manufacturer said it temporarily laid off staff and extended debt deadlines with its lenders. Shares are still down 83% year-to-date.


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


(END) Dow Jones Newswires

12-02-24 1223ET