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TSX Snaps Winning Streak, Ends Notably Lower

(RTTNews) - After closing the previous four sessions on a positive note, the Canadian stock market ended lower on Thursday as data showing a jump in job losses in Canada, and U.S.-China tensions over the virus spread weighed on sentiment.

Energy and materials shares suffered sharp losses, while shares from healthcare, information technology and consumer discretionary sectors posted strong gains.

The benchmark S&P/TSX Composite Index ended down 112.78 points, or 0.75%, at 14,884.85, after having tumbled by more than 200 points at one stage.

In the energy section, Suncor Energy (SU.TO), PrairieSky Royalty (PSK.TO), MEG Energy (MEG.TO), Seven Generations Energy (VII.TO) and Husky Energy (HSE.TO) lost 3 to 4.75%.

ARC Resources (ARX.TO), Baytex Energy (BTE.TO), Enerflex (EFX.TO), Enerplus Corp (ERF.TO) and Parex Resources (PXT.TO) also declined sharply.
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