Toronto Down on Oil Prices

Enerflex, Kinaxis in Focus

Canada's main stock index fell on Friday and set for its biggest one-day percentage dip in nearly two weeks as energy shares were pressured by a plunge in oil prices.

The S&P/TSX Composite Index shed 109.55 points to greet noon at 15,247.92

The Canadian dollar skidded 0.49 cents to 75.6 cents U.S.

Top percentage gainers on the TSX were shares of Enerflex, which jumped $1.24, or 7.4%, to $17.94, followed by a gain of 12 cents, or 5%, for Bombardier to $2.53.

Kinaxis Inc fell $13.40, or 15.1%, the most on the TSX, to $75.23 after reporting quarterly results. The second biggest decliner was Sierra Wireless, down $4.20, or 16.3%, to $21.65, after reporting a quarterly loss.

ON BAYSTREET

The TSX Venture Exchange lost 13 points, or nearly 2%, to 654.06

Seven of the 12 subgroups were lower, as health-care scaled back 3.1%, while materials and energy each slid 2.1%

The five gainers were led by consumer staples and utilities, each up 0.3%, while real-estate improved 0.2%.

ON WALLSTREET

Stocks fell on Friday as further losses in oil prices sparked fears of a global economic slowdown, but the major indexes were still on pace for solid weekly gains.

The Dow Jones Industrials plummeted 224.48 points by noon ET to 25,966.74, as Caterpillar losses offset gains from Disney.

The S&P 500 dropped 30.72 points, or 1.1%, to 2,776.11, led lower by materials shares and tech.

The NASDAQ dumped 140.85 points, or 1.9%, to 7,390.04, as shares of Facebook, Amazon, Netflix and Alphabet all traded lower.

The S&P 500 was up 3.1% and Dow gained 3.6% for the week through Thursday's close. The NASDAQ, meanwhile, was up 2.4%.

On the earnings front, Yelp shares plunged more than 25% in the after releasing its latest quarterly results. Dow-member Disney, meanwhile, rose 2.6% on the back of better-than-expected results.

Prices for the benchmark for the 10-year U.S. Treasury jumped, lowering yields to 3.19% from Thursday’s 3.24%. Treasury prices and yields move in opposite directions.

Oil prices lost 64 cents to $60.03 U.S. a barrel.

Gold prices subtracted $16 an ounce to $1,209.10 U.S.