CANADA STOCKS-TSX flat as miners weigh, offset by financials

Tue Mar 7, 2017 10:51am EST
 
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(Adds details on specific stocks, updates prices)

* TSX down 11.87 points, or 0.08 percent, at 15,617.88

* Half of the TSX's 10 main groups fall

TORONTO, March 7 (Reuters) - Canada's main stock index was little changed in Tuesday morning trading as gains for some heavyweight financial shares partly offset weakness in commodity prices that weighed on the country's substantial mining and energy sectors.

Copper, natural gas, gold and other commodities were all trading lower, while gains for crude oil lessened the impact on energy companies.

At 10:22 a.m. ET (1522 GMT), the Toronto Stock Exchange's S&P/TSX composite index was down 11.87 points, or 0.08 percent, at 15,617.88.

Half of its 10 sectors were lower, and decliners were outnumbering advancers by 3-to-2.

The most influential weights on the index included First Quantum Minerals Ltd, which fell 4.4 percent to C$14.17, and Lundin Mining Corp, down 4 percent at C$7.87.

Barrick Gold lost 1 percent to C$23.83 as bullion hit a four-week low on increased expectations that the U.S. Federal Reserve will raise interest rates this month.   Continued...