CANADA STOCKS-TSX slips as energy stocks pull back

Tue Oct 13, 2015 10:19am EDT
 
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* TSX down 73.92 points, or 0.53 percent, at 13,890.44

* Six of the TSX's 10 main groups fall

TORONTO Oct 13 (Reuters) - Canada's main stock index pulled back on Tuesday, with energy stocks stung by a drop in oil prices and investor sentiment hurt by weak trade data out of China.

Chinese imports plunged 20 percent in September, casting doubt on the strength of domestic demand in the world's second largest economy, while oil fell after the West's energy watchdog forecast a global supply glut would last through 2016.

The most influential decliners on the index included Canadian Natural Resources Ltd, which fell 3.3 percent to C$31.00, and Suncor Energy Inc, which declined 0.6 percent to C$36.47.

The overall energy group retreated 2.6 percent.

The materials group fell 2 percent, with First Quantum Minerals Ltd down 8.5 percent to C$7.90 and Teck Resources Ltd declining 8.8 percent to C$8.78.

Prices for copper and gold also slipped.

At 9:47 a.m. ET (1347 GMT), the Toronto Stock Exchange's S&P/TSX composite index was down 73.92 points, or 0.53 percent, at 13,890.44.   Continued...