CANADA STOCKS-TSX seesaws, on track for 5 percent gain in March

Thu Mar 31, 2016 11:09am EDT
 
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(Adds details on sectors and stocks throughout, updates prices)

* TSX rose 2.75 points, or 0.02 percent, to 13,506.73

* Five of the TSX's 10 main groups were higher

TORONTO, March 31 (Reuters) - Canada's main stock index seesawed on Thursday as energy stocks firmed after crude oil prices turned higher but materials and healthcare stocks dragged.

The Toronto Stock Exchange's S&P/TSX composite index is on track to notch a 5 percent gain in March, its biggest monthly move higher since October 2011.

The most influential movers on the index included Suncor Energy Inc, which rose 0.4 percent to C$35.79, and Canadian Natural Resources Ltd, which advanced 0.8 percent to C$34.94.

The overall energy group climbed 0.5 percent, while U.S. crude prices were up 1.0 percent to $38.70 a barrel after rebounding from earlier losses.

The heavyweight financials group gained 0.2 percent.

Toronto-Dominion Bank said that it expected losses from bad loans in the oil & gas sector to be manageable given its relatively small exposure to the energy sector.   Continued...