CANADA STOCKS-TSX falls with resource stocks

Tue Sep 27, 2016 10:40am EDT
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(Adds details on specific stocks, updates prices)

* TSX down 55.06 points, or 0.38 percent, at 14,564.40

* Six of the TSX's 10 main groups fall

TORONTO, Sept 27 (Reuters) - Canada's main stock index fell on Tuesday as energy stocks lost ground with lower oil prices, while miners also weighed as gold prices fell and the Philippine government ordered the suspension of 20 more mines for environmental violations.

At 10:04 a.m. EDT (1404 GMT), the Toronto Stock Exchange's S&P/TSX composite index was down 55.06 points, or 0.38 percent, at 14,564.40.

Crude oil futures fell as optimism faded for an output-limiting deal from an oil producer meeting in Algeria to curb one of the worst supply gluts in history.

The energy group retreated 1.3 percent, with Canadian Natural Resources Ltd down 1.6 percent to C$38.47 and Suncor Energy Inc off 1.2 percent to C$34.26. Both are among the most influential movers on the index.

The materials group, which includes precious and base metals miners and fertilizer companies, lost 1.2 percent.

The TSX-listed shares of Australia-based OceanaGold Corp fell 10.4 percent to C$4.22 as it faced a suspension of operations in the Philippines.   Continued...