* TSX down 0.4%
* Materials, energy sector top decliners
* Commodity prices weigh on index
Dec 28 (Reuters) – Canada’s main stock index ended lower
on Thursday, pressured by declining commodity prices that hurt
energy and materials stocks.
The Toronto Stock Exchange’s S&P/TSX composite index
was down 86.53 points, or 0.41%, at 20,929.38.
The energy sector shed 1.4%, hurt by a decline of
over $2 in crude prices as concerns eased about shipping
disruptions along the Red Sea route.
The materials sector, which includes precious and
base metals miners and fertilizer companies, fell 1.4% as gold
prices eased and silver fell due to an uptick in the U.S.
dollar.
“There’s a greater sensitivity to commodity prices in Canada
versus the United States. The TSX is underweight in information
technology, communication, healthcare and…
