CANADA STOCKS-TSX falls as financial and consumer stocks weigh

Thu Apr 21, 2016 5:08pm EDT
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(Adds portfolio manager quotes, details on Brookfield Asset Management and Goldcorp, updates prices)

* TSX closed down 30.09 points, or 0.22 percent, at 13,881.20

* Six of the TSX's 10 main groups ended lower

By Fergal Smith

TORONTO, April 21 (Reuters) - Canada's main stock index fell on Thursday as losses for financial and consumer shares offset gains for resource stocks and a jump in shares of a healthcare company on reported takeover interest.

Still, the index has rallied 20 percent since hitting a nearly 3-1/2-year low in January. It reached a nearly six-month high on Wednesday at 13,971.83.

Comments by European Central Bank President Mario Draghi and weaker than expected earnings from two major U.S. companies weighed on sentiment, according to Ben Jang, portfolio manager at Nicola Wealth Management.

"This is the first little speed bump that we've had during this earnings season and so the market is reacting to that," said Jang.

Draghi defended the ECB's cheap money policy against sharp criticism from Germany.   Continued...