* TSX down 11.87 points, or 0.09 percent, at 13,863.46
* Seven of the TSX's 10 main groups rise
TORONTO, Oct 15 (Reuters) - Canada's main stock index was
barely lower on Thursday, as a resource retreat and U.S.
subpoena for Valeant Pharmaceuticals International Inc (N:VRX) offset
gains across much of the rest of the index led by financials and
industrial shares.
Valeant VRX.TO VRX.N fell 9.1 percent to C$208.29 after
it said it was subpoenaed by U.S. prosecutors on its pricing,
drug distribution and patient assistance programs. urn:newsml:reuters.com:*:nL3N12F3PM
The most influential decliners also included Goldcorp Inc
G.TO , which fell 1.3 percent to C$19.81, and Barrick Gold Corp
ABX.TO , which declined 2.2 percent to C$10.33.
The price of gold XAU= retreated from a 3-1/2-month high
on gains for the U.S. dollar .DXY . GOL/
The overall materials group, which includes miners and other
non-energy resource stocks, retreated 0.8 percent.
The energy group slipped 0.6 percent, with Suncor Energy Inc
SU.TO down 0.5 percent at C$36.84 and Canadian Natural
Resources CNQ.TO off 0.4 percent at C$30.90.
U.S. crude CLc1 prices were down 1.7 percent to $45.84 a
barrel, while Brent crude LCOc1 lost 1.0 percent to $48.65.
O/R
At 10:01 a.m. ET (1401 GMT), the Toronto Stock Exchange's
S&P/TSX composite index .GSPTSE was down 11.87 points, or 0.09
percent, to 13,863.46.
Still, seven of the index's 10 main groups were in positive
territory, with the industrials group climbing 0.6 percent and
financials up 0.3 percent.
The most influential gainers included Canadian National
Railway CNR.TO , which added 0.8 percent to C$78.00, and Royal
Bank of Canada RY.TO , which advanced 0.6 percent to C$73.96.