By Adriano Marchese


Stocks listed in Toronto started the week on a higher note in midday trading Monday, with only a handful of Canadian sectors pushing indexes higher. In the session, the energy, consumer durables and materials sectors were the main of few gainers, offsetting principal losses in tech, health tech and consumer discretionary.

At midday, Canada's S&P/TSX Composite Index was up 0.63% at 20226.38, and the blue-chip S&P/TSX 60 was up 0.73% to 1215.09.

Shares of Teck Resources Ltd. soared by nearly 15% to 56.52 Canadian dollars ($41.81) after the company's board rejected an unsolicited acquisition proposal by Swiss multinational commodity and mining giant Glencore PLC that would value Teck at around C$31 billion and said it isn't contemplating selling the business.


Other market movers:

MCI Onehealth Technologies Inc.'s shares fell 8% to C$0.46 after the Canadian healthcare-technology company warned of a pending financing crunch and said it was looking at possible financing, reorganization and restructuring alternatives. Earlier in the morning, the stock had fallen as low as C$0.19.

Electra Battery Materials Corp. said that it has postponed its conference call with investors due to a delay in filing its fourth-quarter results. Shares were down 4.7% at C$2.61.


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


(END) Dow Jones Newswires

04-03-23 1219ET