
Updates with market opening prices
By Ragini Mathur
Feb 6 (Reuters) - Canada's main stock index was little changed amid choppy trading on Thursday, as investors evaluated a mixed set of quarterly earnings from some of the major domestic companies.
The S&P/TSX composite index .GSPTSE was down 0.06% at 25,554.84.
Wall Street's main indexes, on the other hand, were slightly higher as some upbeat results from large corporates brought relief to investors awaiting U.S. President Donald Trump's next move on trade restrictions and other federal policies. .N
Canada's consumer discretionary .GSPTTCD sector rose 0.7%, buoyed by a 3.6% rise in clothing company Aritzia's ATZ.TO shares.
Thomson Reuters' TRI.TO shares climbed 6.4% to the top of the TSX, after it reported higher fourth-quarter revenue and issued 2025 organic revenue growth targets that could exceed the rate in 2024.
"The companies that have reported results are probably garnering the large share of investors' attention. It is the most consequential thing that is impacting the TSX trades so far today," said Brian Madden, chief investment officer at First Avenue Investment Counsel.
The heavyweight financial .SPTTFS sector added 0.6%, boosted by a 7% rise in Great-West Lifeco's GWO.TO shares after TD Cowen upgraded the life insurer's ratings.
Combating overall gains, the capped communications .GSPTTTS sector lost 2.7% after BCE BCE.TO shares fell 6.4% following its dour annual profit forecast.
The real estate sector fell 1.3%, dragged down by Colliers International's CIGI.TO 7.2% fall after the firm missed fourth-quarter profit estimates.
Among other major earnings, shares of parka maker Canada Goose GOOS.TO fell about 6% after the company missed quarterly revenue estimates.
Shares of Bombardier BBDb.TO were down 3.9% after the plane maker delayed its 2025 forecast, citing uncertainty related to Trump's tariffs.
On the data front, Canadian economic activity contracted for the first time in five months in January as employment grew at a slower pace and prices heated up.