açougueiro jose maria hill// CANADA STOCKS-TSX falls on weaker oil prices, downbeat earnings - EntornoInteligente
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July 30 (Reuters) – Canada’s main stock index fell on Thursday, as energy stocks were weighed by lower oil prices and a slate of dismal earnings from those including Husky Energy Inc and TC Energy Corp.

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* The energy sector dropped 2.6% as U.S. crude prices were down 2.4% a barrel and Brent crude lost 1.9%.


* Shares of Husky Energy fell 4.5% after the company posted a quarterly loss compared with a year-ago profit, while TC Energy dropped 1.5% after posting a 6% fall in second-quarter comparable profit.

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* At 9:44 a.m. ET (1344 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was down 190.58 points, or 1.17%, at 16,104.08

* Whitecap Resources Inc fell 5.2%, the most on the TSX, after the oil producer posted a wider-than-expected loss

* The second biggest decliner was methanol producer Methanex Corp, down 4.6%

* The materials sector, which includes precious and base metals miners and fertilizer companies, lost 1.2% as gold futures fell 0.3% to $1,947.1 an ounce

* On the TSX, 30 issues were higher, while 191 issues declined for a 6.37-to-1 ratio to the downside, with 18.27 million shares traded

* The largest percentage gainer on the TSX was Tourmaline Oil Corp, which jumped 4.8% after the oil producer posted a surprise profit

* Its gains were followed by pot producer Aphria Inc , which rose 4.3%, after brokerage CIBC hiked its price target on the stock

* The most heavily traded shares by volume were Eastmain Resources Inc, Kinross Gold Corp and Baytex Energy Corp

* The TSX posted one new 52-week highs and no new low

* Across all Canadian issues there were 17 new 52-week highs and two new lows, with total volume of 41.97 million shares. (Reporting by Amal S in Bengaluru; Editing by Amy Caren Daniel)


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