CANADA STOCKS-TSX wavers, oil rise outweighed by financials

Wed May 27, 2009 9:41am EDT
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TORONTO May 27 (Reuters) - Toronto's main stock index opened higher on Wednesday as a firmer oil price lifted the energy group, but gains slipped away quickly as some influential sectors fell after the index gained for three straight days.

The S&P/TSX composite index .GSPTSE was off 5.18 points at 10,280.72, after a brief rise at the open. Declines in the heavily weighted financial and materials groups outweighed rising energy shares. (Reporting by Ka Yan Ng; Editing by Jeffrey Hodgson)