(Adds details on specific stocks, updates prices)
* TSX down 11.87 points, or 0.08 percent, at 15,617.88
* Half of the TSX's 10 main groups fall
TORONTO, March 7 Canada's main stock index was
little changed in Tuesday morning trading as gains for some
heavyweight financial shares partly offset weakness in commodity
prices that weighed on the country's substantial mining and
Copper, natural gas, gold and other commodities were all
trading lower, while gains for crude oil lessened the impact on
At 10:22 a.m. ET (1522 GMT), the Toronto Stock Exchange's
S&P/TSX composite index was down 11.87 points, or 0.08
percent, at 15,617.88.
Half of its 10 sectors were lower, and decliners were
outnumbering advancers by 3-to-2.
The most influential weights on the index included First
Quantum Minerals Ltd, which fell 4.4 percent to C$14.17,
and Lundin Mining Corp, down 4 percent at C$7.87.
Barrick Gold lost 1 percent to C$23.83 as bullion
hit a four-week low on increased expectations that the U.S.
Federal Reserve will raise interest rates this month.
Overall, the materials group, which includes precious and
base metals miners and fertilizer companies, lost 1.1 percent.
The energy group retreated 0.2 percent, with oil prices
firmer in a tight range.
The financials group gained 0.2 percent, with
Toronto-Dominion Bank up 0.3 percent at C$70.55 and Bank
of Montreal gaining 0.5 percent to C$103.84.
Brookfield Asset Management Inc added 0.8 percent
to C$48.55 after saying it would take control of two SunEdison
units for $2.5 billion.
U.S. crude prices were up 0.5 percent at $53.48 a
barrel, while Brent added 0.5 percent to $56.29.
Gold futures fell 0.6 percent to $1,217.6 an ounce,
and copper declined 1.2 percent to $5,790 a tonne.
Valeant Pharmaceuticals International Inc fell 7.4
percent to C$15.42 after Deutsche Bank cut its target price on
Canada posted its third consecutive monthly trade surplus in
January, the first such stretch since 2014, in another signal
that the economy is gaining momentum after slumping for more
than two years due to low oil prices.
(Reporting by Alastair Sharp; Editing by Lisa Von Ahn)