CANADA STOCKS-TSX gains limited by energy fall ahead of Christmas break

Thu Dec 24, 2015 1:43pm EST
 
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(Adds portfolio manager comment, updates prices to close)

* TSX ends up 24.89 points, or 0.19 percent, at 13,309.80

* Seven of the TSX's 10 main groups rise

* Market shut Friday and Monday, resumes trading Tuesday

By Alastair Sharp

TORONTO, Dec 24 (Reuters) - Canada's main stock index made a slight gain in a shortened session on Thursday as energy stocks pared back the previous day's gains, weighing on a broadly positive but subdued market ahead of the Christmas break.

The exchange will be closed on Friday and Monday.

The energy group, which accounts for almost a fifth of the index's weight, fell 0.7 percent. Oil prices edged higher while remaining near 11-year lows.

"Yesterday they had such a big bounce, it was probably slightly overdone," said Patrick Blais, senior portfolio manager at Manulife Asset Management.   Continued...