(Updates prices, adds sector details)
Jan 22 (Reuters) - Canada's main stock index fell on Friday and is set to end the week down 0.7%, dragged by energy and material stocks, after preliminary data showed a sharp drop in retail sales in December.
* The nation's retail sales jumped much more than expected in November, but preliminary figures for December suggest a sharp drop as novel coronavirus restrictions were re-imposed, Statistics Canada said. The biggest percentage losers on the main index were energy .SPTTEN and material stocks .GSPTTMT , which fell 2% and 1.7%, respectively.
** U.S. crude CLc1 prices were down 2.7% a barrel, while Brent crude LCOc1 lost 2.4% weighed by worries that new pandemic restrictions in China will curb fuel demand. O/R
* At 9:40 a.m. ET (14:40 GMT), the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was down 115.24 points, or 0.64%, at 17,800.96.
* Aurora Cannabis Inc ACB.TO fell 4.8%, the most on the TSX, after the pot producer raised $125 million in equity. The second biggest decliner was gold miner OceanaGold Corp OGC.TO , down 4.2%.
* On the TSX, 36 issues were higher, while 178 issues declined for a 4.94-to-1 ratio to the downside, with 17.25 million shares traded.
* The largest percentage gainers on the TSX were pharmaceutical firm Aurinia Pharmaceuticals Inc AUP.TO , which jumped 3.3%, and discount retailer Dollarama Inc DOL.TO , which rose 1.6%.
* The most heavily traded shares by volume were Bombardier Inc BBDb.TO , Royal Bank of Canada RY.TO and Zenabis Global Inc ZENA.TO .
* The TSX posted one new 52-week high and no new low.
* Across all Canadian issues there were 22 new 52-week highs and no new low, with total volume of 42.69 million shares.