CANADA STOCKS-TSX eases after recent rally as energy, financials drag

Fri May 22, 2015 11:22am EDT
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(Updates throughout with analyst comment, TSX moves)

* TSX down 21.6 points, or 0.14 percent, to 15,182.01

* Five of the TSX's 10 main groups are down

By Solarina Ho

TORONTO, May 22 (Reuters) - Canada's main stock index retreated on Friday, weighed down by cooling energy and financial stocks, with investors taking some profits after making gains in four of the previous five sessions.

The top 10 biggest drags on the TSX were either in energy or financials. Enbridge Inc was the most influential loser on the index, falling 0.94 percent to C$62.08. Bank of Nova Scotia followed with a 0.6 percent loss to C$64.60.

The overall energy sector retreated 0.5 percent, as a stronger U.S. dollar outweighed geopolitical worries in the Middle East and helped push oil prices lower.

U.S. crude were down 1.5 percent to $59.80, while Brent crude lost 1.6 percent to $65.45.

Financials gave back 0.4 percent.   Continued...