A rebound in commodity prices helped drive up shares of energy and mining companies, following recent selloffs.
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Canadian shares retreated, led by miners, following the slump of bullion to the lowest level in five years.
The mining sector vapored 3.22 percent, with gold shares shrinking greatly after gold futures on the COMEX division of the New York Mercantile Exchange dropped sharply Monday over investors’ expectations for a future increase in the U.
The choppiness in resource shares has weighed on the broader benchmark TSX index.
Other losers included Utilities, down 1.71 percent, and Info Tech, down 0.73 percent.
The S&P/TSX composite index lost 76.85 points at 14,348.70 in afternoon trading after starting the day in the black.
Among shares of energy producers on Tuesday, Canadian Natural Resources Ltd advanced 1.9 percent to C$32.08 and Suncor Energy Inc rose 0.2 percent to C$33.93.
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In the gold-mining sector, Barrick advanced 1 percent to C$9.68 and Goldcorp Inc jumped 2 percent to C$17.07.
