By Adriano Marchese
Toronto indexes were virtually flat, with a mixed performance from Canada's sectors.
On the gainers' side Friday, health tech, process industries and transportation were the leaders, offsetting losses primarily from industrial services, materials and communications stocks.
Canada's S&P/TSX Composite Index was virtually unchanged at 30169.02 and the blue-chip S&P/TSX 60 edged lower by 0.1% to 1776.11.
The Canadian economy contracted by 0.3% in August for the fourth month in the last five due largely to weaker goods-producing industries and a strike by flight attendants that weighed on air transportation.
Shares in Magna International rose 4.1% to 65.08 Canadian dollars ($46.53) after the auto-parts maker increased its sales forecast thanks to a stronger light vehicle production outlook in North America and China, a bullish signal for the global auto sector.
Other market movers:
Canadian National Railway shares rose 2.9% to C$134.31 after reporting higher third-quarter profit and revenue thanks to higher freight volumes transported, led by intermodal freight offsetting tariff-hit metals, minerals and forestry freight.
Methanex shares rose 14% to C$54.07 on the back of a ratings upgrade from JPMorgan, citing a compelling combination of a cheap valuation, high free cash flow and an improving debt profile.
Imperial Oil shares fell 3% to C$123.99 after reporting a drop in profit in the third quarter on one-off impairment and restructuring costs.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
October 31, 2025 12:20 ET (16:20 GMT)
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