July 8, 2019 / 2:15 PM / a month ago

CANADA STOCKS-TSX falls as energy, financial shares drop

July 8 (Reuters) - Canada’s main stock index fell on Monday as shares of energy and financial companies dropped.

* At 9:41 a.m. ET (1341 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was down 68.54 points, or 0.41%, at 16,473.45.

* All of the index’s 11 major sectors were lower.

* The energy sector dropped 0.7%, financials slipped 0.4%.

* Canadian equities also tracked losses in global stocks, which fell on tempered expectations the U.S. Federal Reserve will deliver a large rate cut.

* The materials sector, which includes precious and base metals miners and fertilizer companies, lost 0.5%.

* Investors are also looking ahead for a key interest rate announcement by the Bank of Canada on Wednesday, where the central bank is widely expected to keep rates on hold at least through this year.

* On the TSX, 45 issues were higher, while 182 issues declined for a 4.04-to-1 ratio to the downside, with 11.85 million shares traded.

* CannTrust Holdings Inc fell 15.8%, the most on the TSX, after Health Canada found the cannabis producer’s greenhouse facility in Ontario to be non-compliant with some regulations.

* The largest percentage gainers on the TSX were shares of Endeavour Mining Corp, which jumped 1.8%, followed by those of Shopify Inc, which rose 1.4%.

* The most heavily traded shares by volume were Canntrust Holdings, Baytex Energy Co and Barrick Gold.

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

* Across all Canadian issues there were eight new 52-week highs and four new lows, with total volume of 19.98 million shares. (Reporting by Shreyashi Sanyal in Bengaluru)

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