TORONTO, Sept. 7 (Xinhua) -- Canada's main stock market fell Thursday due to a retreat in energy and financial stocks as investors tracked Hurricane Irma and falling global bond yields.
The Toronto Stock Exchange's benchmark Standard & Poor's/TSX Composite Index fell 35.3 points, or 0.23 percent, to 15,024.53. Half of the index' s 10 main groups were in the red, with telecoms down 1.1 percent.
Enbridge Inc. was the biggest driver of the index' s decline, dropping 1.3 percent to 49.23 Canadian dollars, while Manulife Financial Corp declined 1.6 percent to 23.55 Canadian dollars.
The energy group fell 0.6 percent. U.S. crude slipped on a bigger-than-expected crude stock build, as the restart of U.S. refiners after Hurricane Harvey was countered by the threat of Hurricane Irma.
The financial services group declined 0.6 percent as Hurricane Irma impacted insurance companies and bank stocks were pressured by a drop in global bond yields.
A 1.6 percent jump in consumer discretionary stocks was led by Dollarama Inc. Dollarama shares jumped 10.6 percent to 134.72 Canadian dollars after the company posted a stronger-than-expected quarterly profit.
Hudson's Bay Co rosed 6.7 percent to 13.01 Canadian dollars, extending Wednesday's gains.
The Canadian dollar leaped 0.75 cents to 82.48 cents U.S. while oil prices let go of 11 cents to 49.05 Canadian dollars and gold prices rallied 13.10 to 1,352.10 U.S. dollars an ounce. Enditem
