The Globe and Mail reports in its Wednesday, Nov. 19, edition that Canadian stocks on the Toronto Stock Exchange ended lower on Tuesday. A Reuters dispatch to The Globe reports that indexes pared losses by midday before falling again. Some equities traders viewed the recent sell-off as overdone, with traders at Jefferies writing in a note that the market could be setting up for a bounceback. The S&P/TSX Composite Index ended down 39.75 points, or 0.1 per cent, at 30,036.46, its lowest closing level since Nov. 7. The Toronto market's technology sector fell 1.1 per cent, with shares of electronic equipment firm Celestica ending 3.5 per cent lower. Industrials were down 1 per cent as railway stocks lost ground. Shares of Telus dropped 5.3 per cent after JPMorgan downgraded the telecommunications company to an "underweight" rating from "neutral." Energy in Toronto was up 1.9 per cent as the price of oil settled 1.4 per cent higher at $60.74 (U.S.) a barrel. Investors weighed the impact of Western sanctions on Russian oil flows.