(Adds details, updates prices)
* TSX down 86.83 points, or 0.63 percent, to 13,705.05
* Nine of the TSX's 10 main groups fall
TORONTO, Oct 30 (Reuters) - Canada's main stock index fell
on Friday, weighed down by Valeant Pharmaceuticals (N:VRX) International
Inc VRX.TO after it cut ties with a beleaguered pharmacy
business, and by retreats in the heavyweight energy and
financial sectors.
The most influential single weight on the index was Valeant,
which fell 7.0 percent to C$137.91 after it said it will sever
ties with Philidor Rx Services in the wake of criticism over the
relationship between the two closely associated companies.
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At 10:00 a.m. ET (1400 GMT), the Toronto Stock Exchange's
S&P/TSX composite index .GSPTSE was down 86.83 points, or 0.63
percent, to 13,705.05. Nine of its 10 main groups fell.
The index is on track for a 1.8 percent decline on the week
and a 3 percent gain for October.
The overall energy group retreated 0.4 percent, with Husky
Energy Inc HSE.TO down 7.5 percent to C$18.75 after swinging
to a quarterly loss on a writedown and impairment charge.
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U.S. crude CLc1 prices were down 0.8 percent to $45.7 a
barrel, while Brent LCOc1 lost 0.1 percent to $48.76. O/R
Barrick Gold advanced 1.2 percent to C$10.43. The world's
biggest gold producer said on Thursday it will increase its
focus on productivity gains in 2016. urn:newsml:reuters.com:*:nL1N12T324
But the materials group, which includes miners, fell 1
percent, with fertilizer company Potash Corp POT.TO down 3
percent at C$26.50 a day after cutting its output and earnings
forecast. urn:newsml:reuters.com:*:nL3N12T4VV
Gold futures GCc1 fell 0.4 percent to $1,142.8 an ounce,
while copper prices CMCU3 were unchanged at $5,131 a tonne.
GOL/ MET/L
Financials retreated 0.7 percent, with Royal Bank of Canada
RY.TO down 1.3 percent to C$75.50.