Sept 4 (Reuters) - Canada’s main stock index slipped on Tuesday in a broad decline due to weak sentiment after the country failed on Friday to reach a deal with the United States to revamp the North American Free Trade Agreement.
* U.S. President Donald Trump said on Saturday there was no need to keep Canada in the NAFTA and warned Congress not to meddle with the trade negotiations or he would terminate the trilateral trade pact altogether.
* The financials slipped 0.6 percent and was the biggest drag on the main index. Bank of Nova Scotia, Royal Bank of Canada and Toronto-Dominion Bank fell between 0.4 percent and 0.83 percent.
* The Canadian dollar weakened to a six-week low against its U.S. counterpart on Tuesday amid an uncertain outlook for Canada’s trading arrangement with the United States and ahead of an interest rate decision this week by the Bank of Canada.
* At 9:48 a.m. ET (13:48 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was down 96.03 points, or 0.59 percent, at 16,166.85.
* All of the index’s 11 major sectors were in the red. The materials sector, led the fall with a 1.6 percent drop.
* Gold futures fell 0.6 percent to $1,193 an ounce, while copper prices declined 2.6 percent to $5,814 a tonne.
* On the TSX, 36 issues were higher, while 205 issues declined for a 5.69-to-1 ratio to the downside, with 30.05 million shares traded.
* The largest percentage gainers and most heavily traded stocks on the TSX were cannabis companies. Canopy Growth Co jumped 4.5 percent and Aphria Inc rose 4.2 percent.
* Tahoe Resources fell 16.7 percent, the most on the TSX, after Guatemala’s highest court upheld the suspension of licenses at Tahoe’s Escobal mine, one of the world’s biggest silver mines, and at the company’s smaller Juan Bosco mine.
The second biggest decliner was First Quantum Minerals , which fell 6.4 percent.
* The TSX posted two new 52-week highs and 11 new lows.
* Across all Canadian issues there were 29 new 52-week highs and 25 new lows, with total volume of 46.76 million shares. (Reporting by Amy Caren Daniel in Bengaluru; Editing by Arun Koyyur)