December 1, 2016 / 9:10 PM / a year ago

CANADA STOCKS-TSX falls as higher bond yields offset energy rally

TORONTO, Dec 1 (Reuters) - Canada’s main stock index fell on Thursday, pulling back from an earlier new 17-month high as higher bond yields pressured defensive stocks, offsetting further gains for energy shares after a deal by OPEC to cut output boosted oil prices.

The Toronto Stock Exchange’s S&P/TSX composite index unofficially closed down 55.32 points, or 0.37 percent, at 15,027.53. Six of the index’s 10 main groups ended lower. (Reporting by Fergal Smith; Editing by Chris Reese)

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