CANADA STOCKS-TSX at fresh 11-week low as energy stocks sink

Fri Dec 11, 2015 10:29am EST
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(Adds details, updates prices)

* TSX down 166.88 points, or 1.28 percent, at 12,849.71

* All of the TSX's 10 main groups fall; energy stocks down 3.3 pct

* Index on track for a 3.6 pct decline over the week

TORONTO, Dec 11 (Reuters) - Canada's main stock index sank further on Friday following a two-day respite as energy stocks tumbled after an oil group warned on slowing demand growth and heavyweight bank shares also fell.

The most influential movers on the index included Royal Bank of Canada, which fell 1.4 percent to C$73.12, and Toronto-Dominion Bank, which declined 0.9 percent to C$53.50.

The overall financials group, 38 percent of the index's weight, retreated 1.2 percent.

Energy stocks lost 3.3 percent, with Canadian Natural Resources down 3.1 percent at C$29.03 and Suncor Energy Inc off 1.9 percent at C$35.01.

Hudson's Bay Co slumped 13.3 percent to C$17.26 after cutting its sales forecast for this year and next in an earnings report late on Thursday.   Continued...