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17.12.202521:37:04UTC+00TSX Closes Little Changed

On Wednesday, the S&P/TSX Composite Index in Canada saw minimal movement, closing at 31,250, as it fell short of achieving gains for a fourth straight day. The market faced pressure from losses in the financial sector, with notable declines for major players: Royal Bank of Canada down by 0.4%, Bank of Montreal dropping 1.4%, Bank of Nova Scotia decreasing 1.7%, and Manulife Financial Corporation dipping 0.7%. Conversely, the energy and basic materials sectors experienced growth, buoyed by rising oil and metal prices. Enbridge saw a 0.7% increase, Agnico Eagle Mines rose by 0.6%, Canadian Natural Resources surged 2.2%, and Barrick Mining increased by 1.7%.

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