TSX Recovers After Weak Start, Ends Flat

After a weak start and a subsequent fall to lower levels, the Canadian market gradually pared its losses as the session progressed on Tuesday and briefly emerged into positive territory around late afternoon before finally settling flat.

The mood remained cautious with investors awaiting the Bank of Canada's interest rate decision on Wednesday.

The benchmark S&P/TSX Composite Index, which dropped to 20,502.36, settled at 20,629.55, down 2.03 points from the previous close.

Shares from communications, materials and consumer staples sectors were among the prominent gainers. Technology and energy stocks closed weak.