CANADA STOCKS-TSX falls with gold, oil; Amaya slumps after CEO charges

Wed Mar 23, 2016 10:22am EDT
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(Adds details, updates prices)

* TSX down 54.32 points, or 0.4 percent, at 13,439.17

* Half of TSX's 10 main groups lower, 2 fallers for every gainer

TORONTO, March 23 (Reuters) - Canada's main stock index fell on Wednesday as gold miners and other materials stocks weighed with lower gold and other commodity prices, and insider trading charges sunk Amaya shares.

Gold fell sharply after hawkish rate hike comments from U.S. Federal Reserve officials boosted the U.S. currency.

The most influential weights on the Canadian index included Barrick Gold Corp, which fell 6.9 percent to C$17.61, and Goldcorp Inc, down 6.1 percent at C$20.31.

Shares in gambling website operator Amaya Inc fell 21.5 percent to C$14.57, after its chief executive was charged with insider trading by Quebec's securities regulator. The stock had been halted until 9:50.

At 9:59 a.m. EDT (1359 GMT), the Toronto Stock Exchange's S&P/TSX composite index was down 54.32 points, or 0.4 percent, at 13,439.17.

The energy group retreated 1 percent as oil prices fell after U.S. stock build data reinforced concerns about a global glut. Canadian Natural Resources fell 2.6 percent to C$35.1.   Continued...