(Adds details, updates prices)
* TSX down 19.19 points, or 0.12 percent, to 15,629.21
* Six of the TSX's 10 main groups were lower
TORONTO, April 13 Canada's main stock index
slipped in morning trade on Thursday as its largest gold miners
weighed along with some big banks and energy stocks.
The most influential weights on the index included Barrick
Gold Corp, the world's largest gold miner, which fell
1.6 percent to C$26.44 as prices for the precious metal edged
off a five-month high.
Analysts say Barrick must take steps to safeguard investor
confidence by ensuring there are no more operating mishaps at
its mines after a third incident in 18 months at its big
Financial stocks were slightly lower as U.S. banking season
kicked off with JPMorgan and Citi both reporting profit that
exceeded expectations and Wells Fargo reporting flat profit and
a fall in revenue.
Royal Bank of Canada pulled back 0.3 percent to
C$95.82 and Bank of Nova Scotia fell 0.4 percent to
At 10:03 a.m. ET (1403 GMT), the Toronto Stock Exchange's
S&P/TSX composite index was down 19.19 points, or 0.12
percent, at 15,629.21.
Six of the index's 10 main groups were in negative
The materials group, which includes precious and base metals
miners and fertilizer companies, lost 0.7 percent.
Canadian new home prices rose in February, driven by higher
costs in Toronto and other cities in Ontario, Statistics Canada
said on Thursday in a report that was likely to underscore
concerns that some markets are becoming too hot.
Canadian manufacturing sales declined less than expected in
February after three consecutive months of increases, weighed
down by declines in the vehicle assembly sector, separate
StatsCan data showed.
(Reporting by Alastair Sharp; Editing by Andrea Ricci)