CANADA STOCKS-Energy losses lead TSX lower, gold miners limit fall
(Adds analyst comment, updates prices to close)
* TSX ends down 52.38 points, or 0.35 percent, at 14,870.63
* Nine of TSX's 10 main groups end lower
By Alastair Sharp
TORONTO, Oct 25 (Reuters) - Canada's main stock index fell on Tuesday in a broad retreat led by energy stocks as oil prices weakened, while gold miners offset the losses as bullion hit a near three-week high.
Four energy stocks were the heaviest weights on the index and the group lost 1.6 percent overall, as oil prices fell after a recent push above $50 a barrel.
The materials sector, which includes precious and base metals miners and fertilizer companies, was the only one of 10 main groups to gain, adding 1.8 percent.
The Toronto Stock Exchange's S&P/TSX composite index closed down 52.38 points, or 0.35 percent, at 14,870.63.
"This is more of a mean reversion behavior in the market, not necessarily a decisive move," said Sid Mokhtari, director of institutional equity research at CIBC World Markets. "It's been so far so good in Canada particularly." Continued...