CANADA STOCKS-TSX falls as growth worries weigh on banks, energy stocks

Wed Jul 6, 2016 10:52am EDT
 
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(Adds details from morning trade, data; updates prices)

* TSX down 96.92 points, or 0.68 percent, to 14,122.65

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

TORONTO, July 6 (Reuters) - Canada's main stock index fell on Wednesday, with heavyweight financial stocks pulling back as global growth fears rose and energy shares falling with subdued oil prices.

The index - sensitive to global sentiment due to its high concentration of resource-related issues - took a less severe hit than European indexes as Brexit-related worries resurfaced.

The economic uncertainty bolstered bullion, supporting gold miners.

At 10:28 a.m EDT (1428 GMT), the Toronto Stock Exchange's S&P/TSX composite index was down 96.92 points, or 0.68 percent, to 14,122.65.

Nine of the index's 10 main groups were in negative territory, with five decliners for every two advancers.

The financials group lost 1.2 percent, with Toronto-Dominion Bank down 1.7 percent to C$54.49 and Royal Bank of Canada off 1.1 percent to C$76.09.   Continued...