April 2 (Reuters) - Canada's main stock index fell on Mondaydue to losses in the financial and energy sectors amid a revivalin trade war fears after China decided to impose additionalduties on U.S. products.* At 9:52 a.m. ET (1352 GMT), the Toronto Stock Exchange'sS&P/TSX Composite Index fell 87.97 points, or 0.57percent, to 15,279.32.* The financial and energy sectors that together make up formore than half the weight of TSX slipped about 35 points each.* Enbridge and TransCanada Corp fell morethan 1 percent each and were the biggest drag on the energysector as crude prices slipped. * Royal Bank of Canada and Toronto Dominion Bank slipped more than 0.5 percent each and were the biggestlags on the heavyweight financial sector.* China raised tariffs by up to 25 percent on U.S. products,in response to U.S. duties on aluminum and steel imports,rekindling trade war concerns. * Oil fell to around $69 a barrel on Monday, reversing anearlier rally, as a rise in Russian production and concern abouta U.S.-China trade spat offset a drop in U.S. drillingactivity. * The materials sector, which takes up nearly 12 percent ofthe index's weight, along with utilities sector were the onlytwo among the 11 sectors in positive territory.* The largest percentage gainer on the TSX was the shares ofthe printing company Transcontinental , which rose 6.1 percent on a deal to buy the U.S. unit of plastics packagerCoveris Holdings S.A for C$1.70 billion. * The largest decliner was Prometic Life Sciences ,down 6.8 percent, after two brokerages trimmed their pricetargets on the stock.* Among the most active Canadian stocks by volume werePrometic Life Sciences , Aurora Cannabis , andNeovasc Inc .* The TSX posted four new 52-week highs and two new lows.Across all Canadian issues there were 11 new 52-week highs and12 new lows.* Volume on the TSX index was 19.41 million shares, whilethe total volume on Monday was 31.29 million shares. (Reporting by Medha Singh in Bengaluru; Editing by Arun Koyyur)
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.