CANADA STOCKS-TSX falls with oil, retail sales data weighs

Fri Feb 19, 2016 10:29am EST
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(Updates prices)

* TSX down 155.32 points, or 1.2 percent, to 12,776.04

* Nine of the TSX's 10 main groups fall

TORONTO, Feb 19 (Reuters) - Canada's main stock index fell more than 1 percent on Friday in a broad retreat led by banks and energy stocks on a fall in crude oil prices and weaker-than-expected domestic retail sales.

The energy group retreated 1.5 percent while the heavyweight financials group fell 1.3 percent, as domestic data showed signs of slowing consumer demand and elevated prices.

Losses were broad, with nine of the 10 main sectors falling and decliners outnumbering advancers by more than 4-to-1.

Only the materials group, which includes precious and base metals miners and fertilizer companies, posted a rise, up 0.2 percent as gold miners benefited from the price of bullion holding on to Thursday's gains.

At 10:04 a.m. EST (1504 GMT), the Toronto Stock Exchange's S&P/TSX composite index fell 155.32 points, or 1.2 percent, to 12,776.04.

Still, the index remained on track for a roughly 3 percent gain on the holiday-shortened week, helped by oil's first weekly price gains this month as producers talk of a coordinated plan to freeze output levels.   Continued...