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CANADA STOCKS-Energy shares pull main index lower

Published 2018-10-18, 10:17 a/m
Updated 2018-10-18, 10:20 a/m
© Reuters.  CANADA STOCKS-Energy shares pull main index lower

Oct 18 (Reuters) - Canada's main stock index fell on Thursday as energy shares took a hit from a second day of decline in oil prices.

* At 9:33 a.m. ET (1333 GMT), the Toronto Stock Exchange's S&P/TSX Composite index .GSPTSE edged down 64.11 points, or 0.41 percent, at 15,465.79.

* Energy shares .SPTTEN fell 1.3 percent as the fourth weekly increase in U.S. crude inventories raised concerns of oversupply. O/R

* U.S. crude CLc1 and Brent crude prices LCOc1 lost 1.6 percent, each.

* Oil and gas company, Gran Tierra Energy GTE.TO , fell 3.6 percent, the most on the TSX, followed by shares of Nuvista Energy NVA.TO , down 3.0 percent.

* The materials sector .GSPTTMT , which includes precious and base metals miners, lost 0.5 percent as nickel price hit a one-month low, while copper and lead prices declined, as investors worried about Chinese growth and higher U.S. interest rates. MET/L

* The financials sector .SPTTFS edged down 0.2 percent while the industrials sector .GSPTTIN fell 0.6 percent.

* The Canadian dollar weakened to a one-week low against its U.S. counterpart on falling oil prices, while domestic data showed that non-farm payroll jobs rose for the eighth consecutive month.

* On the TSX, 50 issues were higher, while 184 issues declined for a 3.68-to-1 ratio to the downside, with traded volume at 8.47 million shares.

* Amid a few bright spots, Canada added 28,800 jobs in September, helped by a pickup in hiring in the trade, education and health care industries, according to an ADP report. Top percentage gainer on the TSX was Centerra Gold CG.TO , which rose 4.1 percent after Canaccord Genuity raised its rating for the gold miner's shares to "buy".

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* The most heavily traded shares by volume were Aurora Cannabis ACB.TO , Aphria Inc APH.TO and Royal Nickel RNX.TO .

* The TSX posted one new 52-week high and 13 new lows.

* Across all Canadian issues, there were one new 52-week high and 19 new lows, with total volume touching 15.08 million shares.

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