CANADA STOCKS-TSX ekes out gain in low volume trade ahead of U.S. holiday

Fri May 26, 2017 5:00pm EDT
 
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(Adds investor comment, updates prices to close)

* TSX ends up 6.20 points, or 0.04 percent, at 15,416.93

* Index slips 0.3 pct slip over week

By Alastair Sharp

TORONTO, May 26 (Reuters) - Canada's main stock index ended barely higher in subdued trade on Friday as small gains for some big banks and a boost for gold miners from higher bullion prices were offset by declines in pipeline companies and railway stocks.

"Coming into month-end people tend to not do much and they do even less in front of a long weekend," said Rick Hutcheon, chief operating officer at RKH Investments, referring to U.S. markets being closed on Monday for Memorial Day.

"We're through earnings season, OPEC has done its thing, Trump hasn't done anything silly this week, the economy is not doing anything," he said.

The Toronto Stock Exchange's S&P/TSX composite index ended up 6.20 points, or 0.04 percent, at 15,416.93. It lost 0.3 percent in a holiday-shortened week.

Decliners slightly outnumbered advancers, with overall trade volume at its lowest in months.   Continued...