CANADA STOCKS-TSX falls as banks, resource stocks weigh

Mon Oct 3, 2016 10:28am EDT
 
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(Adds details on specific stocks, updates prices)

* TSX down 58.64 points, or 0.4 percent, to 14,667.22

* All of the TSX's 10 main groups move lower

TORONTO, Oct 3 (Reuters) - Canada's main stock index fell on Monday in a broad retreat led by its heavyweight financial and natural resource sectors.

The financials group slipped 0.5 percent, as Canada's finance minister prepared to make an announcement about the country's housing market, which could include measures aimed at cooling interest from foreign buyers.

Investors were also more cautious as Britain set a March deadline to start its withdrawal from the European Union and worries over Deutsche Bank continued to swirl.

The most influential stocks weighing on the index included Royal Bank of Canada, which fell 0.6 percent to C$80.76, and Bank of Nova Scotia, down 0.6 percent to C$69.12.

At 9:59 a.m. EDT (1359 GMT), the Toronto Stock Exchange's S&P/TSX composite index had fallen 58.64 points, or 0.4 percent, to 14,667.22.

All of the index's 10 main groups were in negative territory, with more than 4 decliners for every advancer.   Continued...