By Adriano Marchese

Toronto-listed stocks were slightly higher mid-trading Tuesday after dipping lower mid-morning. Investors are awaiting Wednesday's Bank of Canada decision on interest rates where analysts predict the central bank will hold rates steady for a sixth consecutive meeting.

Sector performance was mixed in Canada. Health tech logged the most losses in the session, followed more distantly by process industries and materials. These were offset by gains mainly in commercial services, retail and industrial services.

At midday, Canada's S&P/TSX Composite Index was up by 0.2% to 22298.22 and the blue-chip S&P/TSX 60 rose by 0.2% to 1336.33.

Tilray Brands' Toronto-listed shares were down 20% to 2.81 Canadian dollars ($2.07) after the company cut its outlook and warned of delays in collecting cash on various asset sales, preventing the cannabis company from generating positive adjusted free cash flow for the year. In the third quarter, the company missed expectations on loss and revenue growth.

Other market movers:

Galaxy Digital stock fell more than 18% to C$13.14 a share after the digital asset and blockchain company moved to raise roughly $125 million by way of a bought deal public stock offering.

Shares in BlackBerry rose by 8.7% to C$4.25 after the company said it has partnered with chipmaking giant AMD to develop robotic systems.

Write to Adriano Marchese at

(END) Dow Jones Newswires

04-09-24 1225ET