CANADA STOCKS-TSX weakens on China data, emerging-market concerns

    * TSX falls 122.74 points, or 0.9 percent, to 13,572.20 
    * All of the 10 main index sectors decline 
    * RBC has biggest negative influence 
    * Teck down after it reports spill 
 
    By John Tilak 
    TORONTO, Feb 3 (Reuters) - Canada's main stock index dropped 
on Monday, led by declines in financial and energy shares as 
sluggish economic data from China and worries about emerging 
markets offset positive signals from Europe. 
    Data showed slower Chinese service sector growth, which hit 
a five-year low, and weakness in the country's factory sector n 
January. Investors have been nervous about the prospects for a 
slowdown in the world second-biggest economy, a concern that has 
been weighing on other emerging markets.  
    However, euro zone business surveys indicated that  
factories recorded their strongest month since mid-2011 in 
January, helped by improved hiring and a rebound in Germany. 
   
    The Toronto Stock Exchange's benchmark index, which recorded 
a monthly gain in January, was down for a second straight 
session on Monday. 
    "The China numbers tell me that they haven't gone into 
freefall, but they've come down and they're still struggling," 
said Colin Cieszynski, senior market analyst at CMC Markets 
Canada. 
    "We may just have to get used to a slowing growth rate out 
of China," he added. 
    The benchmark S&P/TSX composite index    was down 
122.74 points, or 0.9 percent, at 13,572.20. All of the 10 main 
sectors on the index were in the red. 
    Financials, the index's most heavily weighted sector, gave 
back 1 percent. Royal Bank of Canada    fell 1.2 percent to 
C$68.11, and had the biggest negative influence on the index. 
Manulife Financial Corp    lost 2.3 percent to C$20.07. 
    A fall in the price of oil weighed on energy shares. 
Canadian Natural Resources Ltd    declined 1.3 percent to 
C$36.03. 
    The materials sector, which includes mining stocks, was 
little changed, with strength in gold-mining shares offset by a 
drop in diversified miner Teck Resources Ltd   . 
    Teck, whose shares fell 2.6 percent to C$26.10, said it was 
investigating another spill at its Trail smelting complex in 
British Columbia. It said it does not expect the incident to 
have a long-term impact on fish or the environment. 
   
    Barrick Gold Corp    rose 0.8 percent to C$21.62, and 
Goldcorp Inc    gained 0.9 percent to C$28.03. 
    In other corporate news, BCE Inc    said 22,421 small 
business customers' user names and passwords were posted online 
over the weekend after an unnamed third-party supplier was 
hacked. The stock shed 1.1 percent to C$46.26.    
    ($1=$1.11 Canadian) 
 
 (Editing by Peter Galloway) 
 ((john.tilak@thomsonreuters.com)(1-416-687-7918)(Reuters 
Messaging: john.tilak.reuters.com@reuters.net)) 
  
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