TSX Flat as Oil Drop Pressures Energy Shares

Canada main stock index remained subdued as falling oil prices pressured heavyweight energy shares. Investors awaited remarks from Bank of Canada Governor Tiff Macklem for policy clues.

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The Art Deco facade of the original Toronto Stock Exchange building is seen on Bay Street in Toronto, Ontario, Canada January 23, 2019. REUTERS/Chris Helgren

Canada's main stock index was subdued during Monday morning trading as a 3% drop in Brent Crude Oil prices pressured energy shares, while investors awaited remarks from the central bank governor. The S&P/TSX Composite Index held flat at 35,815.62 points by midday, with 6 of its 10 main sectors posting losses.

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