April 8 (Reuters) - Canada's main stock index was on track to snap a five-day run of gains on Monday after financial stocks declined and as the chances of ratifying a pact between the United States, Mexico and Canada this year receded.
* At 9:34 a.m. ET (1334 GMT), the Toronto Stock Exchange's S&P/TSX Composite index .GSPTSE was down 25.38 points, or 0.15 percent, at 16,370.77.
* The three countries struck the United States-Mexico-Canada agreement (USMCA) on Sept. 30, but the deal has not ended trade tensions in North America. If ratification is delayed much longer, it could become hostage to electoral politics. Nine of the index's 11 major sectors were lower, with the financials sector .SPTTFS off by 0.4 percent.
* Shares of CI Financial Corp CIX.TO and Brookfield Asset Management BAMa.TO were top losers among financials.
* However, the energy sector .SPTTEN climbed 1.1 percent, as oil prices rose to five-month highs on OPEC cuts.
* U.S. crude CLc1 prices were up 0.9 percent, while Brent crude LCOc1 added 0.6 percent. O/R
* The materials sector .GSPTTMT , which includes precious and base metals miners, added 0.6 percent as gold and copper prices rose. GOL/ MET/L
* On the TSX, 116 issues were higher, while 115 issues declined for a 1.01-to-1 ratio favouring gainers, with 9.12 million shares traded.
* Top percentage gainers on the TSX were MEG Energy Corp MEG.TO and Crescent Point Energy Group CPG.TO , rising 4 percent and 3.6 percent, respectively.
* Canada Goose Holdings GOOS.TO fell 2.1 percent, the most on the TSX, followed by Cronos Group Inc CRON.TO , down 1.7 percent.
* The most heavily traded shares by volume were Prometic Life Sciences PLI.TO , Stornoway Diamond SWY.TO and Aurora Cannabis ACB.TO .
* The TSX posted three new 52-week highs and no new low.
* Across all Canadian issues, there were 28 new 52-week highs and two new lows, with total volume of 20.29 million shares.