TSX Sheds 31 Points at Midday As Info Tech, Telecom Weigh

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The TSX fell 31 factors at noontime, getting rid of earlier gains, dragged
down mostly by info technology and also telecommunications stocks, although energy as well as
materials assisted maintain losses in check.

Oil costs were close to three-month lows as markets remained
concerned regarding surplus. Reuters, nevertheless, mentioned PVM Oil
Associates Analyst Tamas Varga as claiming that the marketplace can see
an advantage modification prior to driving reduced once more. Brent was last
down 1.6% at US$ 42.78/ barrel.

Details tech and telecom dropped 1% as well as 0.3%, specifically. On the
positive side, materials advanced 3.5% while power obtained
0.7%.

Complete volume traded until now stood at 169.7 million shares. First
Quantum Minerals (FM.TO) was the most actively traded stock.

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