CANADA STOCKS-Quarterly results, resources lead broad TSX rout

Thu Apr 30, 2015 11:06am EDT
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* TSX down 128.31 points, or 0.84 percent, to 15,219.03

* Nine of the index's 10 main groups were lower

By Solarina Ho

TORONTO, April 30 (Reuters) - Canada's main stock index fell on Thursday as investors, positioning their portfolios at the end of the month, appeared less than impressed by a slew of quarterly results.

Goldcorp Inc, the world's biggest gold producer by market value, saw its first-quarter profit fall due in part to lower margins on gold sales and a higher tax rate. It was the most influential decliner on the index, falling 5.37 percent to C$22.91.

Potash Corp, which missed quarterly forecasts and also cut its full-year profit outlook, declined 1.6 percent to C$39.17.

Suncor Energy Inc fell 1.22 percent to C$39.39 after it reported a quarterly loss on Wednesday due to lower crude prices and a foreign exchange loss.

BCE Inc, which reported a modest first-quarter adjust profit, dipped 0.83 percent to C$53.70.

At 10:54 a.m. EDT (1454 GMT), the Toronto Stock Exchange's S&P/TSX composite index slumped 131.07 points, or 0.85 percent, to 15,216.27.   Continued...