CANADA STOCKS-TSX slips as energy fall offset by banks, others

Tue Oct 27, 2015 10:28am EDT
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(Updates with early trade, adds details)

* TSX down 4.26 points, or 0.03 percent, at 13,786.64

* Six of its 10 main groups rise, energy stocks weigh

TORONTO, Oct 27 (Reuters) - Canada's main stock index slipped on Tuesday, hurt by a pullback in the country's two main railways and losses among energy stocks as rising worries about a supply glut pushed oil prices lower.

Those weights were offset by rising bank stocks, bounces in two companies targeted by short-sellers, and an earnings beat for the owner of the Tim Hortons coffee chain.

At 10:10 a.m. ET (1410 GMT), the Toronto Stock Exchange's S&P/TSX composite index was down 4.26 points, or 0.03 percent, at 13,786.64.

Declining issues outnumbered advancers at a 1.8-to-1 ratio.

The heavyweight financials group added 1.2 percent, with Toronto-Dominion Bank up 0.9 percent at C$54.69 and Bank of Nova Scotia adding 1.1 percent to C$62.43.

Among the most influential were Canadian Natural Resources Ltd, which fell 2.4 percent to C$29.59, and Suncor Energy Inc, which declined 1.1 percent to C$36.63.   Continued...