CANADA STOCKS-TSX ends slightly lower as Home Capital, big banks weigh
(Adds comment from equity analyst, updates prices to close)
* TSX ends down 12.67 points, or 0.08 percent, at 15,537.88
* Six of the TSX's 10 main groups finish lower
* Index down 0.3 percent over the week
By Alastair Sharp
TORONTO, May 12 (Reuters) - Canada's main stock index closed marginally lower on Friday, weighed by alternative lender Home Capital Group Inc after it acknowledged uncertainty about its ability to continue as a going concern, while natural resource stocks lent support.
The broader financials group slipped 0.5 percent overall as a fall in U.S. bond yields after weaker-than-expected inflation data also weighed.
"Any time you have the U.S. 10-year making a big move like that, six beeps in the wrong direction for financials, that creates a little space," said Ian Scott, an equity analyst at Manulife Asset Management.
Home Capital fell 15.5 percent to C$9.14 after it said in an earnings release late on Thursday that worries about its future funding capabilities had cast "significant doubt" on its ability to continue as a going concern. Continued...