India, June 24 -- The Canadian market remains firmly down in negative territory Wednesday afternoon, with sharp losses in materials and energy sectors, offsetting a good show by stocks from technology, consumer and healthcare sectors.
The benchmark S&P/TSX Composite Index was down 337.63 points or about 0.9% at 34,589.75 a little while ago.
The Materials Capped Index is down more than 4% with stocks reeling under severe selling pressure after prices of precious metals fell sharply. Gold futures shed 3.6% and Silver futures fell more than 7%.
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