(Adds details, updates prices)
* TSX down 60.18 points, or 0.45 percent, at 13,275.97
* Seven of the TSX's 10 main groups fall
TORONTO, April 5 (Reuters) - Canada's main stock index lost
ground on Tuesday as financial stocks weighed after the
country's trade deficit unexpectedly jumped and exports slumped,
while energy companies pulled back with oil prices near a
one-month low.
The most influential weights on the index were its
heavyweight banks, with Royal Bank of Canada RY.TO falling 0.7
percent to C$74.26 and Toronto-Dominion Bank TD.TO off 0.8
percent to C$55.70.
The overall financials group slipped 0.8 percent. Insurer
Manulife Financial Corp MFC.TO declined 1.7 percent to
C$17.69.
Exports slumped by their most in nearly seven years in
February, data showed, after hitting a record high in January.
The energy group retreated 0.6 percent, as oil traded near
one-month lows after a surprise fall in gasoline demand in the
United States, the world's largest oil consumer. O/R
At 9:57 a.m. EDT (1357 GMT), the Toronto Stock Exchange's
S&P/TSX composite index .GSPTSE was down 60.18 points, or 0.45
percent, at 13,275.97.
Seven of the index's 10 main groups were in negative
territory.
The five-member healthcare sector rose, as shares in Valeant
Pharmaceuticals International Inc VRX.TO advanced 7.3 percent
to C$36.82 after the embattled drugmaker said a board committee
had found no need for additional accounting restatements.
The materials group, which includes precious and base metals
miners and fertilizer companies, added 0.6 percent as gold
snapped a two-day decline.
Barrick Gold Corp ABX.TO advanced 2 percent to C$18 and
Goldcorp Inc G.TO added 1.2 percent to C$21.01.