CANADA STOCKS-TSX slides to a 1-week low, pressured by weak Chinese data

Thu Oct 13, 2016 10:27am EDT
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(Adds details throughout on stocks and sectors, updates prices)

* TSX down 119.73 points, or 0.82 percent, to 14,499.24

* Index touches its lowest since Oct. 4 at 14,472.78.

* All of the TSX's 10 main groups were lower

TORONTO, Oct 13 (Reuters) - Canada's main stock index fell to a more than one-week low on Thursday, suffering broad-based losses as China's weak trade data and the prospects of a Federal Reserve interest rate hike by the end of the year weighed on global markets.

At 10:06 a.m. EDT (1406 GMT), the Toronto Stock Exchange's S&P/TSX composite index fell 119.73 points, or 0.82 percent, to 14,499.24. It touched its lowest since Oct. 4 at 14,472.78.

All of the index's 10 main groups were lower.

Some of the most influential movers on the index were the country's heavyweight bank stocks. Bank of Nova Scotia fell 1.0 percent to C$69.26 and Toronto-Dominion Bank declined 0.8 percent to C$57.45, while the overall financials group was down 0.9 percent.

The energy group fell 1.2 percent, including a 1.3 percent drop in the shares of Suncor Energy Inc to C$36.72.   Continued...