(Adds details on stocks and sectors throughout and updates
* TSX falls 29.41 points, or 0.19 percent, to 15,667.77
* Eight of the TSX's 10 main groups decline
TORONTO, April 7 Canada's main stock index fell
on Friday as the financials group lost ground, while gold mining
shares climbed after escalating geopolitical tensions boosted
A disappointing U.S. jobs report added to investors'
nervousness following a U.S. missile strike on a Syrian air
Financial shares fell 0.5 percent as Canada's 10-year yield
hit a four-month low at 1.505 percent.
Higher bond yields would reduce the value of insurance
companies' liabilities and increase net interest margins of
Royal Bank of Canada fell 0.6 percent to C$97.23,
while Manulife Financial Corp lost 0.9 percent to
Bank of Montreal, Canada's fourth-biggest lender,
said its Chief Operating Officer Darryl White will step up to be
chief executive in November, succeeding Bill Downe who will
BMO's shares dipped 0.2 percent to C$99.76.
At 10:57 a.m. ET (1457 GMT), the Toronto Stock Exchange's
S&P/TSX composite index fell 29.41 points, or 0.19
percent, to 15,667.77.
Eight of the index's 10 main groups were lower, with energy
down 0.2 percent even as oil prices rose on concerns that the
conflict in Syria could spread in the oil-rich region.
U.S. crude prices were up 1.0 percent to $52.2 a
The materials group, which includes precious and base metals
miners and fertilizer companies, added 0.8 percent.
Barrick Gold Corp rose 1.0 percent to C$26.12,
while gold futures climbed 1.2 percent to $1,265.7 an
Barrick's near billion-dollar deal with Shandong Gold Mining
Co Ltd represents a rich premium for the Canadian
miner, while making good on a long-promised plan to forge deep,
long-lasting partnerships with China.
Canadian employers added a greater-than-expected 19,400 jobs
in March, Statistics Canada said in a report that suggested
Canada's economy has finally turned the corner.
(Reporting by Fergal Smith; Editing by Bernadette Baum)