TSX up 32 Points at Midday; Info Tech The Biggest Decliner
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The Toronto Stock Exchange rose 32 points, with energy leading gains at 1%, while information technology fell 2.3%. Notable declines included Constellation Software and Shopify. Optiva's stock plummeted 62% following its acquisition announcement. dentalcorp surged 31% after announcing its acquisition for $11 per share. Economic indicators showed a 0.2% increase in July GDP, but August's forecast suggests a stall in growth. Analysts predict modest growth below potential, with expectations for a possible interest rate cut in October as economic recovery remains slow.
Source: marketscreener The copyright of this article belongs to the original author/organization.
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