CANADA STOCKS-TSX falls as gold miners, energy stocks weigh

Tue Nov 17, 2015 4:43pm EST
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(Adds strategist comment, updates prices to close)

* TSX ends down 37.13 points, or 0.28 percent, at 13,280.39

* Half of the TSX's 10 main groups decline

By Alastair Sharp

TORONTO, Nov 17 (Reuters) - Canada's main stock index fell on Tuesday as gold miners followed the price of bullion lower and energy stocks also weighed, although their retreat was not as great as that notched by crude oil.

The index is heavily influenced by its resource-linked issuers and is down around 9 percent so far this year as weak commodity prices have squeezed earnings in those sectors.

The Toronto Stock Exchange's S&P/TSX composite index ended down 37.13 points, or 0.28 percent, at 13,280.39. Half of the 10 main groups fell.

Gold prices fell to their weakest since 2010, under pressure from expectations the Federal Reserve is set to raise U.S. interest rates for the first time in nearly a decade.

Barrick Gold Corp fell 7.6 percent to C$9.40 and Goldcorp Inc fell 4.7 percent to C$15.28. The overall materials group lost 2.9 percent.   Continued...