CANADA STOCKS-TSX down as lower oil prices weigh on energy stocks

Fri Jun 2, 2017 11:02am EDT
 
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(Adds details on specific stocks, updates prices)

* TSX down 41.63 points, or 0.27 percent, at 15,428.28

* Six of TSX's 10 main groups fall; energy down 2 percent

* Index on track for 0.1 percent gain on week

TORONTO, June 2 (Reuters) - Canada's main stock index fell on Friday, weighed by weakness in energy stocks due to lower oil prices and a drop in heavyweight financial shares after U.S. jobs growth came in below expectations.

At 10:21 a.m. ET (1421 GMT), the Toronto Stock Exchange's S&P/TSX composite index was down 41.63 points, or 0.27 percent, at 15,428.28. Six of the index's 10 main groups were in negative territory.

The index is on track for a 0.1 percent gain on the week.

The energy group retreated 2 percent, as oil prices fell on concerns that U.S. President Donald Trump's decision to abandon the Paris climate pact would spark more U.S. drilling that would exacerbate a global glut.

Suncor Energy Inc declined 1.3 percent to C$41.76 and Cenovus Energy Inc fell 3.6 percent to C$11.82.   Continued...