TSX dips 0.09 percent, but higher for the week

Businessmen pass the Toronto Stock Exchange sing in Toronto, Ontario, Canada July 6, 2017. REUTERS/Chris Helgren

NEW YORK (Reuters) - The Toronto Stock Exchange’s S&P/TSX fell 14.54 points, or 0.09 percent, to 16,314.42 but climbed 0.69 percent on the week, its second straight weekly gain.

The biggest contributor to the TSX loss was Toronto-Dominion Bank, pulling 7.6 points from the index. Energy was the heaviest sector drag, with 32.3 net points.

Leading the index were Canada Goose Holdings Inc , up 30 percent in the wake of its quarterly results, Paramount Resources Ltd , up 4 percent, and Prometic Life Sciences Inc , higher by 3.3 percent.

Lagging shares were Precision Drilling Corp , down 7.1 percent, First Majestic Silver Corp, down 5.8 percent, and Teck Resources Ltd, lower by 5.3 percent.

On the TSX 122 issues advanced and 121 declined as a 1-to-1 ratio favored advancers. There were 17 new highs and 3 new lows, with total volume of 419.7 million shares.

The most heavily traded shares by volume were Prometic Life Sciences Inc , Bombardier Inc and Cenovus Energy Inc.

The TSX’s energy group fell 2.98 points, or 1.51 percent.

West Texas Intermediate crude futures fell 3.38 percent, or $2.26, to $64.63 a barrel. Brent crude fell 3.56 percent, or $2.7, to $73.24 [O/R]

The TSX is up 0.6 percent for the year.

Reporting by Chuck Mikolajczak