CANADA STOCKS-TSX led higher by financial stocks

Aug 13(Reuters) - Canada’s main stock index edged higher on Monday as gains in financial stocks outweighed the broader sentiment arising from Turkey’s worsening currency crisis.

* At 9:52 a.m. ET (13:52 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was up 19.56 points, or 0.12 percent, at 16,346.07.

* Global markets have been rattled by a plunging lira as investors fled to safer assets such as government bonds and the U.S. dollar.

* Turkey President Tayyip Erdogan’s increasing control over the economy and deteriorating relations with the United States has sent the lira tumbling 40 percent this year.

* The financials sector, which holds about a third of the main index’s weight, gained 0.2 percent. Toronto-Dominion Bank, Royal Bank of Canada and Bank of Nova Scotia rose between 0.3 percent and 0.6 percent and provided the biggest boost to the index.

* Leading the declines was materials index, which fell 0.4 percent as a stronger dollar pressured gold prices in the backdrop of a plunging Turkish lira.

* Also weighing on the materials index were shares of First Majestic Silver Corp, which fell 10 percent after the miner reported a larger-than-expected loss in the second quarter.

* Gold futures fell 0.9 percent to $1,200.5 an ounce, while copper prices declined 0.2 percent to $6,180 a tonne.

* The energy sector climbed 0.4 percent led by about a 0.5 pct gain in shares of Suncor Energy and Pembina Pipeline Corp.

* Oil prices slipped on trade worries and troubled emerging markets dented the outlook for fuel demand. U.S. crude prices were down 0.5 percent a barrel, while Brent crude lost 0.3 percent.

* The largest percentage gainers on the TSX were Intertape Polymer, which jumped 6.6 percent after the packaging company posted its second-quarter results, and Canadian Apartment Properties REIT, which rose 2.6 percent.

* First Majestic Silver Corp fell the most on the TSX and the second-biggest decliner was The Stars Group , down 7.3 percent after the software company posted its quarterly results.

* The most heavily traded shares by volume were Aurora Cannabis, Trinidad Driling and Yamana Gold Inc .

* On the TSX, 135 issues were higher, while 103 issues declined for a 1.31-to-1 ratio favouring gainers, with 15.06 million shares traded.

* The TSX posted two new 52-week highs and two new lows.

* Across all Canadian issues there were eight new 52-week highs and 26 new lows, with total volume of 26.39 million shares. (Reporting by Medha Singh in Bengaluru; Editing by Shounak Dasgupta)