TORONTO, Sept. 8 (Xinhua) -- Canada's main stock market fell for a fifth straight day Friday as mining and energy stocks dominated the retreat and with investors cautious over the impact of Hurricane Irma which is heading toward Florida.
The Toronto Stock Exchange's benchmark Standard & Poor's/TSX Composite Index fell 39.21 points, or 0.26 percent, to finish the day at 14,985.32. The index lost 1.4 percent over the past week.
Teck Resources Ltd dropped 5.4 percent to 28.23 Canadian dollars, while First Quantum Minerals Ltd sank 3.8 percent to 13.76 Canadian dollars. Hudbay Minerals Inc plunged 10.2 percent to 9.65 Canadian dollars after the company announced a 242 million Canadian dollars bought deal financing.
Encana Corp fell 3.6 percent to 11.20 Canadian dollars, while Cenovus Energy declined 3.2 percent to 9.85 Canadian dollars.
The overall materials group lost 1.2 percent.
Markets in North America were closed Monday for Labour Day
The Canadian dollar fell 0.14 cents to 0.82.35 U.S. dollar after several consecutive upward days.
Oil prices tumbled 1.52 to 47.57 Canadian dollars while gold prices hiked one dollar to 1,351.30 U.S. dollars an ounce.
