CANADA STOCKS-TSX hits a five-week low; energy, financials fall

Mon Nov 9, 2015 11:55am EST
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(Adds portfolio manager comment, updates prices)

* TSX down 137.64 points, or 1.02 percent, to 13,415.66

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

By Fergal Smith

TORONTO, Nov 9 (Reuters) - Canada's main stock index fell to a five-week low on Monday, pressured by fresh concern about the global growth outlook, sustained pressure on crude prices oil and the anticipated start of U.S. Federal Reserve rate hikes as soon as December.

Nine of the index's 10 main groups were in negative territory, including the heavyweight financial, energy and materials sectors.

At 11:35 a.m. ET (1635 GMT), the Toronto Stock Exchange's S&P/TSX composite index fell 137.64 points, or 1.02 percent, to 13,415.66. It touched it lowest since Oct. 2.

The energy group retreated 0.9 percent as oversupply continued to weigh on crude oil prices.

Financials fell 0.7 percent and the materials group fell 0.7 percent.   Continued...