* TSX up 32.43 points, or 0.25 percent, to 13,094.75
* Four of the TSX's 10 main groups were higher
By Fergal Smith
TORONTO, Nov 13 (Reuters) - Canada's main stock index fell
to a fresh six-week low on Friday as extended losses for crude
oil and softer-than-expected U.S. retail sales data weighed on
the economic outlook, although stocks trimmed earlier losses.
It's a "sea of red," said Ian Nakamoto, director of research
at MacDougall, MacDougall & MacTier "mainly driven by what's
going on in the U.S. I mean, U.S. retail sales were
disappointing."
U.S. retail sales rose less than expected in October amid a
surprise decline in automobile purchases, suggesting a slowdown
in consumer spending. urn:newsml:reuters.com:*:nL1N13810K
The most influential movers on the index were Toronto-
Dominion Bank, which fell 1.2 percent to C$53.39, and Royal Bank
of Canada, which declined 1.4 percent to C$73.91, while the
heavyweight financials group fell 1.0 percent.
"The banks would like to have a steeper yield curve," said
Nakamoto, adding also that "people are questioning the credit
quality of the loans," as well as "the loan growth, which is
also a sign of economic weakness."
Bombardier BBDb.TO fell 2.9 percent. On Thursday, Prime
Minister Justin Trudeau said that when the government decides
whether to give aid to the aircraft maker, it will take into
account any possible trade challenge that might arise as a
result. urn:newsml:reuters.com:*:nL1N1372H9
At 10:58 a.m. (1558 GMT), the Toronto Stock Exchange's
S&P/TSX composite index .GSPTSE was down 32.43 points, or 0.25
percent, to 13,094.75.
Of the index's 10 main groups, four were in negative
territory.
The energy sector rebounded 0.7 percent despite a fresh 2
1/2-month low for crude oil.
U.S. crude CLc1 prices were down 2.5 percent to $40.7 a
barrel, while Brent crude LCOc1 lost 0.6 percent to
$43.78. urn:newsml:reuters.com:*:nL3N1382GY
The materials group rose 0.7 percent, led by a 2.7 percent
gain for Goldcorp.
And Valeant rebounded 1.3 percent to C$99.40. The stock has
slumped from well above C$300 in September amid sharp scrutiny
of its business practices.
Gold futures GCc1 rose 0.4 percent to $1,085.4 an ounce.
GOL/
Copper prices CMCU3 declined 0.3 percent to $4,809.5 a
tonne. MET/L
(Editing by Nick Zieminski)