CANADA STOCKS-TSX steady as insurers slip on results, energy gains

Thu Feb 12, 2015 11:11am EST
 
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* TSX up 5.58 points, or 0.04 percent, at 15,157.08

* Six of 10 main index sectors decline

* Manulife, Sun Life slip after results

* Bombardier tumbles after posting loss, shuffling management

By John Tilak

TORONTO, Feb 12 (Reuters) - Canada's main stock index was little changed on Thursday as weakness in Manulife Financial and Sun Life Financial after the insurers reported quarterly results helped offset gains in oil prices and shares of energy producers.

A selloff in Bombardier Inc, after the company reported a quarterly loss and announced management changes, further weighed on the market.

Oil prices remained choppy, jumping more than 3 percent and extending their gains from the previous session. Shares of energy companies advanced as well.

The benchmark TSX has reflected this volatility. The index has been having big swings in sentiment but is up about 3.3 percent so far this year.   Continued...