CANADA STOCKS-TSX sinks on weak commodities, weak data
* TSX down 125.95 points, or 1.11 percent, at 11,269.04
* Energy sector, down 1.4 percent, leads TSX lower
* U.S. economic data weighs on investor sentiment (Adds details, quote)
By Jennifer Kwan
TORONTO, Sept 30 (Reuters) - Toronto's main stock index retreated broadly on Wednesday morning, led lower by shares of oil and gas producers and miners, which dropped on weak commodity prices.
Heavyweight losers included oil companies Suncor Energy SU.TO, which fell 2.2 percent to C$36.40, and EnCana ECA.TO, which dropped 1.9 percent to C$61.44. Royal Bank of Canada RY.TO fell 0.9 percent to C$57.00.
The index rose at the open but quickly turned negative as a report showing a drop in business activity in the U.S. Midwest splashed cold water on investor optimism about economic recovery. [ID:nN3095624]
The Institute for Supply Management-Chicago business barometer fell to 46.1 in September from 50.0 in August. Economists had forecast the index at 52.0. A reading above 50 indicates expansion.
"The Chicago PMI was a key event. It was highly disappointing," said Francis Campeau, broker at MF Global Canada in Montreal. Continued...