CANADA STOCKS-Energy slump pushes TSX down 1.3 percent
(Adds portfolio manager comment, details; updates prices to close)
* TSX ends down 172.24 points, or 1.26 percent, at 13,463.82
* All of the TSX's 10 main groups decline
By Alastair Sharp
TORONTO, Dec 2 (Reuters) - Canada's main stock index fell sharply on Wednesday, pushed lower by a slump in energy stocks on cheaper oil and losses for miners as gold and copper prices also declined.
Oil prices tumbled more than 4 percent and Canada's energy sector followed it down 3.5 percent. The group has shed one-fifth of its value so far this year.
"The lessons that we learned this year is that commodities can be awfully nasty," said Barry Schwartz, a portfolio manager at Baskin Financial Services.
Suncor Energy Inc fell 2.7 percent to C$36.77 and Canadian Natural Resources lost 4.2 percent to C$30.99.
Potash Corp fell 3.6 percent to C$25.70 and Goldcorp Inc lost 2.7 percent to C$15.79. Continued...