CANADA STOCKS-TSX falls with energy stocks as oil price slips

Mon Mar 14, 2016 10:21am EDT
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(Adds details, updates prices)

* TSX down 93.96 points, or 0.69 percent, to 13,428.04

* Eight of the TSX's 10 main groups retreat

TORONTO, March 14 (Reuters) - Canada's main stock index fell on Monday as energy companies followed oil prices lower, while banks also weighed.

Crude prices fell about 3 percent after Iran quashed hopes of a quick deal by major producers to freeze output.

The three most influential weights on the index were energy companies, with Suncor Energy Inc down 1.4 percent at C$34.14 and Canadian Natural Resources falling 1.2 percent to C$35.69.

Pipeline operators also fell, with Enbridge Inc off 1.8 percent to C$50.30 and TransCanada Corp down 1.1 percent to C$47.09.

Veresen Inc slumped 11.6 percent to C$7.54 after its application to build an LNG export terminal and natural gas pipeline was rejected.

Overall, the energy group retreated 2.2 percent.   Continued...