CANADA STOCKS-TSX ends lower as golds slip, up for 4th week

Fri Sep 18, 2009 5:31pm EDT
 
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* TSX slide 0.71 percent to 11,445.95

* Up 1.7 percent on week

* Weaker golds drag down materials group

* Financials rally for seventh session (Adds details, comments)

TORONTO, Sept 18 (Reuters) - Toronto's main stock index fell at the close on Friday, ending an active trading week with the heavily weighted materials sector retreating on weaker golds, while technology issues gained ahead of quarterly reports next week.

The S&P/TSX composite index .GSPTSE ended the session down 82.28 points, or 0.71 percent, at 11,445.95, after bouncing from flat, to positive and back to negative territory throughout the day.

"The market has had a very tight range today," said Bruce Latimer, a trader at Dundee Securities in Toronto.

"I think after having a decent week and a decent couple of weeks, people are kind of content to not push it, so to speak," he added.

Gold miners were among the chief decliners, dragging down the broader materials group 1.69 percent, largely as the price of bullion backed away from 18-month highs.   Continued...