CANADA STOCKS-TSX dips in seesaw session as energy drags

(Adds portfolio manager comment, updates prices, details)
* TSX ends down 4.41 points, or 0.03 percent, at 13,403.42
* Four of the TSX's 10 main groups fall; energy down 0.9 pct

By Fergal Smith
TORONTO, Nov 25 (Reuters) - Canada's main stock index closed
slightly lower on Wednesday after a seesaw session in which
weakness in energy and financials offset gains for consumer and
railway stocks, with energy stocks retreating despite a higher
close for crude oil.
"It is fairly flat, non-directional," said Kevin Headland,
director capital markets and strategy at Manulife Asset
Management. "You've got the lead into the holiday season, the
lead into the Fed announcement, you have conflicting information
around oil out there."
The energy group .SPTTEN fell 0.9 percent, including a 1.7
percent drop in Canadian Natural Resources CNQ.TO to C$32.73,
while Suncor Energy Inc SU.TO was down 1.1 percent at C$36.60.
U.S. crude CLc1 prices settled at $43.04 a barrel, up 0.4
percent, building on Tuesday's rally after a lower-than-expected
U.S. stock build, while Brent crude LCOc1 added 0.3 percent to
$46.25. O/R
Financials dipped 0.1 percent .SPTTFS , including a 0.6
percent drop in Sun Life Financial Inc SLF.TO to C$43.46,
while Canadian Imperial Bank of Commerce CM.TO was down 0.4
percent at C$99.38.
"Valuations for bank stocks look attractive," according to
Headland, but "traditional banking growth is not there, the net
interest margins are not there, we're unlikely to see a rise in
interest rates, we're not going to a steeper yield curve in
Canada."
The Toronto Stock Exchange's S&P/TSX composite index
.GSPTSE closed down 4.41 points, or 0.03 percent, at
13,403.42, with just four of the index's 10 main groups in
negative territory.
Convenience store chain Alimentation Couche-Tard ATDb.TO
rose 1.7 percent to C$62.14 as a handful of analysts upgraded
their target prices on the stock after its quarterly earnings
report.
Telecom company BCE Inc BCE.TO rose 0.9 percent to
C$56.97, while auto parts maker Magna International Inc MG.TO
was up 1.1 percent at C$59.75.
The two main railway stocks rebounded after falling on
Tuesday, with Canadian National Railway CNR.TO rising 0.5
percent to C$78.46 and Canadian Pacific Railway CP.TO
advancing 1.0 percent to C$196.62.
Gold futures GCZ5 fell 0.4 percent to $1,072 an ounce.
GOL/ , while copper prices CMCU3 declined 1.3 percent to
$4,548.85 a tonne. MET/L