TSX hits two-week low

Canada's main stock index fell to a more than two-week low on Monday as weaker oil prices pressured energy shares, while materials and financials also lost ground. The Toronto Stock Exchange's S&P/TSX composite index ended down 59.53 points, or 0.37 percent, at 16,016.14, its lowest close since May 11.
The TSX's energy group retreated 0.8 percent, with major oil producer Suncor Energy Inc down 1.2 percent at C$50.17. Shares of both banks ended little changed but the overall financials group declined 0.2 percent. Nine of the index's 10 main groups ended lower.
The materials group, which includes precious and base metals miners and fertilizer companies, lost 0.9 percent. Bombardier Inc said it had completed the sale of 30 CS300 aircraft to Latvia's Air Baltic Corp, valuing the firm order at about $2.9 billion based on the list price. The company's shares rose 4.4 percent to C$4.56.