By Adriano Marchese


Stocks in Toronto were slightly lower in midday trading on Wednesday.

The Bank of Canada announced that it would hold steady its interest rate at 5% for the third meeting in a row, in line with expectations.

Sector performance was mixed in the session, with commercial services, producer manufacturing and health tech leading the risers, offset by losses in mostly in energy and tech.

At midday, Canada's S&P/TSX Composite Index fell by 0.04%, to 20366.87, and the blue-chip S&P/TSX 60 was down 0.13%, to 1229.23.

Shares in Roots were 5% lower, at 2.47 Canadian dollars (US$1.82), after reporting lower profit and revenue in the third quarter amid the Canadian apparel company's cautious stance heading into the key Christmas period.


Other market movers:

Shares of BZAM, which are listed on the Canadian Stock Exchange, rose 6.7% to C$0.16 after the company said it is set to acquire the Canadian operations of cannabis supply chain solutions company Final Bell Holdings International.


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


(END) Dow Jones Newswires

12-06-23 1214ET