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CANADA STOCKS-TSX falls as crude retreat weighs on energy stocks

Published 2015-11-25, 10:11 a/m
© Reuters.  CANADA STOCKS-TSX falls as crude retreat weighs on energy stocks
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* TSX down 12.69 points, or 0.09 percent, to 13,395.14
* Six of the TSX's 10 main groups gain; energy down 1.5 pct

TORONTO, Nov 25 (Reuters) - Canada's main stock index
slipped on Wednesday, as energy stocks fell in line with a
retreat in the price of crude, although losses were limited by
gains for railway and consumer stocks.
The most influential weight on the index was Valeant
Pharmaceuticals International Inc VRX.TO , which fell 3.2
percent to C$112.66. The next eight heaviest weights were all
energy companies.
The overall energy group retreated 1.5 percent as the global
crude benchmark fell after a run of five days of gains. Suncor
Energy Inc SU.TO lost 1.1 percent to C$36.60 and Canadian
Natural Resources CNQ.TO fell 1.5 percent to C$32.78.
At 9:52 a.m. EST (1452 GMT), the Toronto Stock Exchange's
S&P/TSX composite index .GSPTSE fell 12.69 points, or 0.09
percent, to 13,395.14.
Six of the index's 10 main groups were in positive
territory, including the country's two main railway stocks and a
mix of consumer names.
Canadian National Railway CNR.TO advanced 0.8 percent to
C$78.67 and Canadian Pacific Railway CP.TO added 1.2 percent
to C$196.98.
Auto parts maker Magna International Inc MG.TO gained 1.4
percent to C$59.94 and convenience store chain Alimentation
Couche-Tard ATDb.TO rose 1.7 percent to C$62.11 as a handful
of analysts upgraded their target prices on the stock after its
quarterly earnings report.
U.S. crude CLc1 prices were down 2.3 percent to $41.90 a
barrel, while Brent crude LCOc1 lost 2.1 percent to
$45.16. O/R
Gold futures GCc1 fell 0.4 percent to $1,069.8 an ounce,
while copper prices CMCU3 declined 1.4 percent to $4,543.5 a
tonne. GOL/ MET/L

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