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CANADA STOCKS-TSX retreats as oil prices slide, global demand for stocks ebbs

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By Nichola Saminather

TORONTO, Feb 13 (Reuters) - Canada's main stock index edged lower on Tuesday with losses led by industrials and energy companies, as oil prices fell and appetite for global stocks faltered.

* The Toronto Stock Exchange's S&P/TSX composite index opened down 35.7 points, or 0.23 percent, and was trading 39.72 points, or 0.26 percent, lower at 15,202.16 at 09:51 a.m. EST (1451 GMT).

* On Monday, the index posted its biggest one-day gain since July 2016, with all 10 sectors in positive territory, as global stocks, oil and metals rebounded following a brutal week. * The world stocks index slipped almost 0.1 percent on Tuesday, and the U.S. S&P 500 index fell 0.5 percent.

* Energy companies Baytex Energy , Crew Energy and Precision Drilling were the biggest decliners on the index, with losses of 4 percent, 3.7 percent and 3.1 percent respectively.

* U.S. crude futures dropped 1.25 percent to $58.57.

* NuVista Energy bucked the energy trend to rise 5 percent, the second-biggest gain on the index, after Eight Capital and Raymond James raised their target prices.

* Mining company First Quantum Minerals was the biggest gainer, jumping almost 5 percent after Eight Capital and Raymond James raised their target prices, although Berenberg cut its target.

* Copper futures rose 2.2 percent to $6,985 a tonne. Gold was flat at $1,323.31 an ounce, while silver retreated 0.4 percent to $16.48 an ounce.

* First Quantum and Whitecap Resources were the most actively traded stocks on the index.

* There were 95 advancing stocks and 139 declining ones on the index.


(Reporting by Nichola Saminather; Editing by Peter Cooney and Andrew Hay)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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