By Robb M. Stewart
Stocks traded in Toronto were treading water after a day earlier snapping a three-session losing streak as earnings season continues to roll on.
The benchmark S&P/TSX Composite Index was little changed at midday, rising 0.1% to 22308.44. Gains were led by finance stocks, and supported by advances in the consumer and retail trade segments, with downward pressure coming from technology and industrial services.
Kinaxis helped buoy the market, rising 2.8% to C$156.20 the company was selected by Harley-Davidson to help accelerate the transformation of the motorcycle brand's global supply chain.
The blue-chip S&P/TSX 60 was up just under 0.1% point at 1334.00.
Other market movers:
Canada Goose's shares climbed 15% to C$17.89 after the clothing company's fiscal fourth-quarter adjusted earnings and rise in revenue beat market expectations.
Lightspeed Commerce jumped 15% to C$19.97 after the point-of-sale and e-commerce platform's quarterly loss narrowed as revenue rose above expectations thanks to higher transactions.
Write to Robb M. Stewart at robb.stewart@wsj.com
(END) Dow Jones Newswires
05-16-24 1228ET
