CANADA STOCKS-TSX edges lower on day but ends February higher

Fri Feb 26, 2010 5:22pm EST
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* TSX dips 0.02 percent to 11,629.63

* Up 4.8 percent on the month

* Investors sort through mixed U.S. data (Adds details)

By Ka Yan Ng

TORONTO, Feb 26 (Reuters) - Toronto's main stock index finished flat on Friday as key financial and resource shares put in a mixed performance, while U.S. economic data reinforced views of tepid growth this year.

The U.S. economy grew a touch faster than initially thought in the fourth quarter, soothing recent concerns about the robustness of the rebound. [ID:nN26169261] But data that showed the U.S. housing market has not yet fully stabilized and that consumer sentiment is weakening left the market feeling cautious. [ID:nN26167386] [ID:nN26171094]

Top decliners included Potash Corp POT.TO, down 1.7 percent at C$116.00, and Royal Bank of Canada RY.TO, down 0.68 percent at C$56.81. Canadian Natural Resources CNQ.TO fell 0.94 percent to C$70.88.

Heavyweight advancers included Toronto-Dominion Bank TD.TO, up 0.6 percent at C$67.24, and Bank of Montreal BMO.TO, up 1.03 percent at C$56. Nexen NXY.TO gained 2.28 percent to C$23.75.

The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE ended down 1.81 points, or 0.02 percent, at 11,629.63. Half of the index's 10 main sectors were lower, including the hefty financials group. The index is down 0.68 percent on the week.   Continued...