CANADA STOCKS-TSX falls as oil, weak growth weigh on energy, bank stocks

Thu Jun 30, 2016 10:15am EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

(Adds details from early trade, updates prices)

* TSX down 57 points, or 0.41 percent, at 13,979.74

* Six of the TSX's 10 main groups fall

* Index heads for 0.7 pct gain in short week; 0.7 pct loss in June

TORONTO, June 30 (Reuters) - Canada's main stock index slipped on Thursday as a fall in oil prices weighed on energy stocks and financials retreated on data pointing to weak domestic economic growth.

The index, whose heavy concentration of gold miners helped limit the selloff in the wake of Britain's vote to leave the European Union last week, is on track for a 0.7 percent gain on the week and a 0.5 percent loss for the month.

It will be closed on Friday for a national holiday.

Investors pushed the price of bullion to a two-year high after the Brexit vote, while world stocks are poised for their worst month since January.

At 9:54 a.m. EDT (1354 GMT), the Toronto Stock Exchange's S&P/TSX composite index was down 57 points, or 0.41 percent, at 13,979.74.   Continued...