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Canada's main stock index fell on Friday in a broad-based decline led by energy and financial shares as renewed US-China trade tensions stoked investors' worries. The Toronto Stock Exchange's S&P/TSX composite index closed down 148.64 points, or 0.97 percent, at 15,207.41. For the week, the index fell 1.0 percent. The energy group fell 1.4 percent as crude oil prices tumbled. US crude oil futures settled 2.3 percent lower at $62.06 a barrel.
Financials, which account for more than one-third of the weight of the TSX, fell 1.1 percent. Industrials declined 1.0 percent as railroad shares lost ground. Canadian Pacific Railway conductors and locomotive engineers voted to authorize a strike action that could have workers walk off the job as early as April 21, Teamsters Canada said in a statement. The company's shares were down 1.8 percent at C$221.26.
All of the TSX's 10 main groups ended lower. The index posted one new 52-week high and two new lows. The largest percentage gainer on the TSX was Torex Gold Resources Inc, which rose 51.0 percent, while the largest decliner was NexGen Energy Ltd, down 8.7 percent. Among the most active Canadian stocks by volume were Neovasc Inc, up 45.5 percent to $0.08.

Copyright Reuters, 2018

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