OGC 0.00% $2.20 oceanagold corporation

(Adds details, updates prices) Dec 24 (Reuters) - Canada's main...

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    (Adds details, updates prices)

    Dec 24 (Reuters) - Canada's main stock index idled near record highs on Tuesday in thin trading ahead of Christmas as gains in energy shares were offset by losses in financials and cannabis producers.

    • At 09:58 a.m. ET (14:58 GMT), the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was down 4.85 points, or 0.03%, at 17,123.86.
    • Still, the index is trading near all-time highs hit earlier this week on hopes of an end to the bruising U.S.-China trade war and was on course for its best annual gains in a decade.
    • Gains in oil prices boosted energy shares by 0.7%. Brent crude LCOc1 rose 0.45% after Russia said cooperation with the OPEC on supply cuts would continue and on signs Saudi Arabia and Kuwait could take as much as a year to bring a major field back to full capacity.
    • Material stocks .GSPTTMT were lifted by gold prices, which rose after weak U.S. data. OceanaGold Corp (OGC) , Torex Gold Resources TXG.TO and Iamgold Corp IMG.TO rose between 3% and 5%.
    • Among the weak spots, Aurora Cannabis ACB.TO shares fell 3% to hit a more than two-year low, adding to recent losses after the firm announced the departure of chief corporate officer Cam Battley. The healthcare sector .GSPTTHC was down over 1%.
    • Shares in Correvio Pharma Corp CORV.TO fell 8% after the U.S. FDA declined to approve the company's drug to correct irregular rhythm in the upper chambers of the heart.
    • Declines for banks including Bank of Nova Scotia BNS.TO and Toronto-Dominion Bank TD.TO dragged the financial sector .SPTTFS down by 0.4%.
    • The TSX posted nine new 52-week highs and one new low.
    • Across all Canadian issues there were 34 new 52-week highs and three new lows, with total volume of 37.27 million shares.
    • On the TSX, 119 issues were higher, while 105 issues declined for a 1.13-to-1 ratio favoring gainers, with 19.55 million shares traded.
 
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