CANADA STOCKS-TSX down on oil price fall, Fed jitters

Tue Oct 27, 2015 4:55pm EDT
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(Adds investor comment, updates prices to close)

* TSX ends down 91.30 points, or 0.66 percent, at 13,699.60

* Nine of its 10 main groups fall, financials sole gainer

By Alastair Sharp

TORONTO, Oct 27 (Reuters) - Canada's main stock index fell on Tuesday, hurt by a pullback in shares of the country's two main railways and losses among industrial, utility and energy stocks as oil fell to a multi-week low and investors braced for a Federal Reserve policy statement.

The Toronto Stock Exchange's S&P/TSX composite index ended down 91.30 points, or 0.66 percent, at 13,699.60.

The heavyweight financial sector was the only one of the index's 10 main groups to gain, and declining issues outnumbered advancers by a 3.5-to-1 ratio.

Canadian National Railway Co lost 2.8 percent to C$79.51, pulling back ahead of its earnings after a solid rally. It reported an 18 percent rise in profit after the bell, but said it expects commodity volumes to slip.

Its rival Canadian Pacific Railway lost 4.7 percent to C$191.76.   Continued...