CANADA STOCKS-TSX steady as Fed chatter weighs on sentiment


* TSX rises 12.41 points, or 0.09 percent, to 13,370.80

* Six of 10 main index sectors advance

* Shoppers Drug Mart climbs after quarterly results

By John Tilak

TORONTO, Nov 12 (Reuters) - Canada's main stock index was

little changed on Tuesday as speculation about whether the U.S.

Federal Reserve will remain committed to its stimulus program

dampened investor sentiment.

Gains in the financial sector helped offset weakness in

commodity prices and natural resource shares.

Investors also digested news of China's ruling party

pledging to let markets play a "decisive" role in allocating

resources as it unveiled a reform agenda for the next decade.

The market mulled over a slew of data unveiled last week,

including robust U.S. jobs numbers that renewed fears that the

Fed might scale back its stimulus sooner than had been expected.

"We've had the huge flood of news last week, and the markets

are still digesting everything," said Colin Cieszynski, senior

market analyst at CMC Markets Canada.

"There are a number of people starting to think that maybe

if the employment numbers continue to come in better, they could

start tapering in December," he added.

The Toronto Stock Exchange's S&P/TSX composite index

was up 12.41 points, or 0.09 percent, at 13,370.80.

Six of the 10 main sectors on the index were higher.

Financials, the index's weightiest sector, added 0.3

percent, with Toronto Dominion Bank climbing 0.4 percent

to C$96.70 and Royal Bank of Canada gaining 0.3 percent

to C$70.27.

Shares of energy producers gave back 0.2 percent. Canadian

Natural Resources Ltd slipped 0.4 percent to C$32.39.

In company news, Shoppers Drug Mart Corp reported

slightly lower quarterly net income due in part to charges from

its pending acquisition by grocer Loblaw Co Ltd. Shares

of the pharmacy chain were up 0.2 percent, at C$60.85.

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