CANADA STOCKS-Miners lead TSX retreat; index still up 1.4 pct on week

Fri Jan 6, 2017 4:30pm EST
 
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(Adds strategist comment, updates prices to close)

* TSX down 90.53 points, or 0.58 percent, at 15,496.05

* Eight of the TSX's 10 main groups end lower

By Alastair Sharp

TORONTO, Jan 6 (Reuters) - Canada's main stock index fell on Friday, with gold miners and other materials stocks leading a broad retreat from a three-day rally that saw the index approach an all-time high to start the year.

The Toronto Stock Exchange's S&P/TSX composite index ended the day down 90.53 points, or 0.58 percent, at 15,496.05 despite booming jobs and trade data.

"We had a couple of good days before this so there's some money getting taken back off the table as there's some uncertainty about the numbers," said Sadiq Adatia, chief investment officer at Sun Life Global Investments.

For the holiday-shortened week, the index notched a 1.4 percent gain.

The economy unexpectedly added 53,700 jobs last month, data from Statistics Canada showed, but analysts and investors pointed to a history of volatility as a reason stocks and the currency responded in muted fashion.   Continued...