CANADA STOCKS-TSX slips after Europe's shifting signals

Mon Aug 20, 2012 4:42pm EDT
 
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* TSX closed down 13.86 points, or 0.1 percent, at 12,076.03

* Index weighed by bickering in Europe

* Financials and energy sectors negative to start week

By Alastair Sharp

TORONTO, Aug 20 (Reuters) - Canada's main stock index dipped lower on Monday, pulled down by shifting signals about the European Central Bank's plans to tackle the region's sovereign debt crisis.

Two of the three most influential sectors -- financials and energy -- were pushed down i n uninspiring trade a fter two weeks of gains on a string of positive North American data.

"All the stuff that's been hanging around for several months, it seems like years, none of that's gone away," said Pa ul Hand, managing director at RBC Capital Markets.

Germany's central bank repeated its criticism of the ECB's bond-buying program, while the ECB sought to quash press speculation about the shape of the plan, saying decisions had not yet been taken.   Continued...