CANADA STOCKS-TSX ekes out gain with rebound in financial stocks
(Adds portfolio manager comment, details on Bombardier, NAFTA, updates prices to close)
* TSX ends up 3.52 points, or 0.02 percent, at 15,277.20
* Eight of the TSX's 10 main groups move higher
* Materials sector down 1.7 percent
By Alastair Sharp
TORONTO, May 18 (Reuters) - Canada's main stock index eked out a slight gain on Thursday, as financial stocks recovered somewhat after a two-day selloff, while gold miners weighed as bullion turned lower.
The Toronto Stock Exchange's S&P/TSX composite index touched a five-month low in morning trade but ended the day up 3.52 points, or 0.02 percent, at 15,277.20. Decliners outnumbers advancers by a 1.4-to-1 ratio overall.
The index had slumped on Wednesday as global markets worried that U.S. President Donald Trump's pro-business economic agenda could be slowed by political scandals.
"People are perhaps a little less risk-averse today," said Manash Goswami, a portfolio manager at First Asset Investment Management. "The selloff might have been overdone and people are reevaluating and looking to come back in a little bit." Continued...