* TSX down 46.2 points, or 0.29 percent, to 16,085.59
* Six of the TSX's 10 main groups down
TORONTO, Nov 8 (Reuters) - Canada's main stock index fell on Wednesday, retreating from another record high the previous day, as financial and energy stocks dropped, oil prices declined and corporate results came in below expectations.
Intact Financial Corp IFC.TO fell 4.4 percent to C$102.22 following a disappointing third-quarter report. major banks lost ground, helping to pull down the overall group, about one-third of the index's weight, by 0.3 percent. Sun Life Financial Inc SLF.TO fell 1.1 percent to C$49.49.
TransCanada Corp TRP.TO slipped 0.9 percent to C$62.02, while Encana Corp ECA.TO fell 2.3 percent to C$15.93 after reported that third-quarter profit declined on lower oil and gas production. broadly, energy stocks were down 0.9 percent as U.S. oil futures CLc1 fell 0.5 percent to $56.92 following data that showed an unexpected build in U.S. crude inventories. 10:52 a.m. EST (1552 GMT), the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE fell 46.2 points, or 0.29 percent, to 16,085.59. The TSX touched 16,131.39 in the previous session, adding to its recent string of record highs.
Of the index's 10 primary groups, six lost ground, including consumer discretionary stocks, which fell 0.4 percent. Auto parts makers Linamar Corp LNR.TO , which tumbled 13 percent to C$66.91 after its results missed estimates. Larger rival Magna International Inc MG.TO lost 1.9 percent to C$68.06.
Agrium Inc AGU.TO fell 2.5 percent to C$135.16 after reporting a bigger-than-expected loss.
The broader materials group, encompassing miners and fertilizer firms, remain unchanged. Offsetting losses, Teck Resources Ltd TEKb.TO rose 1.9 percent to C$27.95.
ATS Automation Tooling Systems Inc ATA.TO slumped 6 percent to C$14.31 after its results missed analysts' expectations. Industrials as a whole fell 0.3 percent.
On the upside, Valeant Pharmaceuticals International Inc (NYSE:VRX) VRX.TO extended gains in the previous session, rising 6.2 percent to C$19.21.
Declining issues outnumbered advancing ones on the TSX by 154-to-90, for a 1.71-to-1 ratio on the downside.
The index posted 10 new 52-week highs and 1 new low.