CANADA STOCKS-TSX backs off highest level in 13 months as energy stocks weigh

Wed Aug 10, 2016 5:07pm EDT
 
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(Adds portfolio manager comment, updates prices to close)

* TSX ends down 26.19 points, or 0.18 percent, at 14,775.04

* Fall ends 5-day win streak; energy and banks lead the fall

* Eight of TSX's 10 main groups retreat; materials up 0.8 pct

By Alastair Sharp

TORONTO, Aug 10 (Reuters) - Canada's main stock index on Wednesday broke a five-day winning streak that had lifted it to a 13-month high, with heavyweight energy and financial stocks leading a broad pullback as oil prices fell.

Gains for gold miners helped limit losses, as bullion rose with a weaker U.S. dollar.

The Toronto Stock Exchange's S&P/TSX composite index ended down 26.19 points, or 0.18 percent, at 14,775.04.

Early in the session the index touched its highest point since mid-June last year, but reversed course after inventory data dragged down crude prices.   Continued...