By Adriano Marchese

Toronto stocks were mildly lower after coming down from modest highs earlier.

The Canadian real estate market was relatively steady in March. Sales of existing homes ticked 0.5% higher, prices slipped modestly and new listings declined ahead of early signs of a possible rebound in April.

At midday Friday, Canada's S&P/TSX Composite Index was down by 0.1% to 22092.58 and the blue-chip S&P/TSX 60 fell by 0.1% to 1322.38.

Shares in MTY Food Group were over 10% lower at 44.92 Canadian dollars ($32.81). The company reported lower profit in its first fiscal quarter, citing poor weather and softer consumer spending. Analysts had expected growth.

Other market movers:

Corus Entertainment shares were down 20% to C$0.64 after the company said second-quarter advertising revenue continued to decline. It expects further pressure in the third quarter.

Write to Adriano Marchese at

(END) Dow Jones Newswires

04-12-24 1229ET