TSX falls as energy, bank stocks weigh

Fri Oct 28, 2016 9:39am EDT
 
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TORONTO (Reuters) - Canada's main stock index fell at the open on Friday, with heavyweight energy and financials sectors slipping as oil prices lost ground and U.S. GDP data supported the expectation of a U.S. Federal Reserve rate hike this year.

The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was down 31.65 points, or 0.21 percent, at 14,802.10 shortly after the open. Six of its 10 main groups fell.

(Reporting by Alastair Sharp; Editing by Chizu Nomiyama)

 
A man walks past an old Toronto Stock Exchange (TSX) sign in Toronto, June 23, 2014. REUTERS/Mark Blinch