The façade of the original Toronto Stock Exchange building is seen in Toronto

The Art Deco facade of the original Toronto Stock Exchange building is seen on Bay Street on January 23, 2019 in Toronto, Ontario, Canada. Reuters/Chris Hellgren get licensing rights

Aug 18 (Reuters) – Losses in rate-sensitive technology shares dragged Toronto shares to the open on Friday as investors feared interest rates would remain high for a longer period of time, while data showed a higher rate than in June. Producer prices increased by 0.4% in July.

At 9:33 a.m. ET (1333 GMT), the Toronto Stock Exchange’s S&P/TSX Composite Index (.GSPTSE) was down 110.8 points, or 0.56%, at 19,701.43.

Reporting by Siddartha S in Bengaluru; Editing by Krishna Chandra Eluri

Our Standards: Thomson Reuters Trust Doctrine.

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