for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

CANADA STOCKS-TSX falls as energy stocks slump after Trump's positive COVID-19 test

Oct 2 (Reuters) - Canada’s main stock index fell on Friday, dragged down by energy stocks after U.S. President Donald Trump was tested positive for COVID-19 and negotiators failed to agree a U.S. fiscal stimulus package.

* The energy sector dropped 1.7% as U.S. crude prices were down 5.2% a barrel, while Brent crude lost 5.1%.

* At 9:42 a.m. ET (1342 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was down 85.78 points, or 0.53%, at 16,098.76.

* The materials sector, which includes precious and base metals miners and fertilizer companies, lost 1.0% as gold futures fell 0.3% to $1,902 an ounce.

* Crescent Point Energy Corp fell 3.6%, the most on the TSX. The second-biggest decliner was security software firm Blackberry Ltd, down 3.4%.

* On the TSX, 19 issues were higher, while 197 issues declined for a 10.37-to-1 ratio to the downside, with 18.41 million shares traded.

* The largest percentage gainers on the TSX were Canadian Pacific Railway Limited, which jumped 0.7% and Canadian National Railway Co, which rose 0.7% after multiple brokerages hiked the price target of both railroad operator’s stock.

* The most heavily traded shares by volume were Suncor Energy Inc, Canadian Natural Resources Ltd, and Bombardier Inc.

* The TSX posted no new 52-week highs and no new lows.

* Across all Canadian issues, there were one new 52-week high and six new lows, with total volume of 36.83 million shares. (Reporting by Amal S; Editing by Maju Samuel)

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up