CANADA STOCKS-TSX ends lower as banks, healthcare sectors weaken

Thu Aug 6, 2015 4:25pm EDT
 
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* TSX down 97.08 points, or 0.67 percent, at 14,405.91

* Seven of 10 main sectors fall

By Alastair Sharp

TORONTO, Aug 6 (Reuters) - Canada's main stock index ended lower on Thursday, dragged down by weakness in the financial and healthcare sectors ahead of a U.S. jobs report.

The U.S. July nonfarm payrolls data, due to be released on Friday, is seen as a barometer of economic health and could influence the Federal Reserve's monetary policy decisions.

The benchmark TSX's decline came after gains in the previous six sessions.

"We're seeing pretty broad-based selling today. It looks like investors are getting a little nervous ahead of tomorrow's U.S. jobs report," said Youssef Zohny, portfolio manager at StennerZohny Investment Partners of Richardson GMP Ltd, which manages about C$28.3 billion in assets.

"Investors are looking for something close to expectations, but anything over or under that would likely lead to some concerns on the market," he added.

The Toronto Stock Exchange's S&P/TSX composite index closed down 97.08 points, or 0.67 percent, at 14,405.91. Seven of the 10 main sectors on the index were in the red.   Continued...