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Canadian stock market close lower Friday

Source: Xinhua| 2018-09-29 07:27:06|Editor: Shi Yinglun
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TORONTO, Sept. 28 (Xinhua) -- Canada's main stock market fell Friday due to worries about failure of NAFTA negotiations after Canada Thursday shrugged off U.S. President Donald Trump's criticism about the talks on NAFTA between Canada and the United States.

The Toronto Stock Exchange's benchmark Standard & Poor's/TSX Composite Index 131.48 points, or 0.81 percent, to close the day at 16,073.14 points.

The Canadian dollar rose 0.68 cents to 0. 77.42 U.S. dollar.

The energy group fell 2.20 points, or 1.13 percent while the financials sector lost 2.93 points, or 0.94 percent.

Magna International fell 1.94 Canadian dollars, or 2.8 percent, to 67.96 Canadian dollars while Canadian Tire dropped 4.07, or 2.6 percent, to 151.37 Canadian dollars.

Communications stocks also fell with BCE, down 55 cents, or one percent, to 52.31 Canadian dollars while Rogers Communications lost 1.04 Canadian dollars, or 1.5 percent, to 66.28 Canadian dollars.

Leading declines among energy stocks were Enbridge, falling 56 cents, or 1.3 percent to 41.75 Canadian dollars while Canadian Natural Resources declined 87 cents, or two percent, to 42.21 Canadian dollars.

Aurora Cannabis surged 69 cents, or 5.9 percent, to 12.37 Canadian dollars while Bausch Health Companies rose 44 cents, or 1.3 percent, to 33.17 Canadian dollars.

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