* TSX down 112.87 points, or 0.85 percent, to 13,229.06
* Nine of the TSX's 10 main groups fall
TORONTO, Nov 12 (Reuters) - Canada's main stock index fell
to its lowest level in almost six weeks on Thursday as financial
stocks lost ground and low oil prices pressured energy
companies.
Manulife Financial Corp MFC.TO fell 2.5 percent to C$21.60
a share after Canada's biggest insurer reported a
lower-than-expected quarterly profit on oil and gas investment
losses.
The overall financials group retreated 1 percent.
At 10:10 a.m. ET (1510 GMT), the Toronto Stock Exchange's
S&P/TSX composite index .GSPTSE fell 112.87 points, or 0.85
percent, to 13,229.06.
The index was posting 15 new 52-week lows and no new highs,
with more than five decliners for every advancing stock, and was
at its lowest point since Oct. 2.
Valeant Pharmaceuticals International Inc (N:VRX) VRX.TO fell 4.6
percent to C$100.13 a share. The company's stock has slumped
from well above C$300 in September amid sharp scrutiny of its
business practices.
The energy sector retreated 1 percent, as worries about
oversupply pushed oil prices down. O/R
Canadian Natural Resources Ltd CNQ.TO was down 2 percent
to C$31.08 a share.
Encana Corp ECA.TO shares fell 0.3 percent to C$9.86 after
the natural gas producer posted a smaller-than-expected loss.
The most influential gainer was Canadian Tire CTCa.TO ,
which was up 5.0 percent to C$119.15 after the retailer reported
earnings that beat expectations.
Nine of the index's 10 main groups were in negative
territory.
U.S. crude CLc1 prices were down 1.6 percent to $42.26 a
barrel, while Brent LCOc1 lost 1.6 percent to $45.09.