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TSX ends lower as Bank of Canada rate hike weighs

The Toronto Stock Exchange sign is seen in Toronto, Ontario, Canada July 6, 2017. REUTERS/Chris Helgren

TORONTO (Reuters) - Canada’s main stock index edged lower on Wednesday as a surprise Bank of Canada interest rate hike pressured rate-sensitive sectors, including telecoms and utilities, while the materials group also lost ground, offsetting gains for energy shares.

The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE unofficially closed down 30.32 points, or 0.2 percent, at 15,059.83. Eight of the index's 10 main groups ended lower.

Reporting by Fergal Smith; Editing by James Dalgleish

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