CANADA STOCKS-TSX ends lower as golds, oils weigh
* TSX down 11.30 points, or 0.09 pct, at 11,963.84
* Materials fall 0.8 pct, lead slide
* RIM rises 5.5 percent after analyst upgrade (Updates to close, adds quotes)
By Jennifer Kwan
TORONTO, March 8 (Reuters) - Canada's main stock market index slipped on Monday, after touching its highest point in eight weeks, as weaker bullion prices weighed on gold producers.
Barrick Gold (ABX.TO: Quote) dropped 1.7 percent to C$40.84 and Kinross Gold (K.TO: Quote) fell 1.7 percent to C$19.36, as gold prices skidded 1 percent on technical selling and liquidation by investors of positions added last week to cushion currency volatility from the Greek debt crisis. [GOL/]
The weakness among golds helped drag down the broader materials sector, 0.8 percent.
The energy sector also notched a weaker finish, down 0.1 percent, even as oil prices were firmer [O/R], resulting in a mixed picture for the sector. Suncor Energy (SU.TO: Quote) rose 0.5 percent at C$32.03, while Canadian Natural Resources (CNQ.TO: Quote) dropped 0.4 percent to C$74.18.
The S&P/TSX composite index .GSPTSE was flat for most of the day, despite some early gains, and ended down 11.30 points, or 0.09 percent, at 11,963.84. Continued...