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TORONTO, Nov. 22 (Xinhua) -- Canada's main stock index edged down Wednesday, due to weakness in telecom and tech stocks.

The Toronto Stock Exchange's benchmark Standard & Poor's/TSX Composite Index dropped 3.07 points, or 0.02 percent to close the day at 16,073.58. Five of the index's 10 main groups were in negative territory.

The Canadian dollar tacked on 0.44 cents to 0.78.72 U.S. dollar.

The telecommunications group declined 0.8 percent, while industrials group fell 0.2 percent as Ritchie Bros. Auctioneers Inc retreated 2.7 percent to 32.46 Canadian dollars.

The energy group, accounting for almost a fifth of the index's weight, climbed 0.4 percent as U.S. crude prices reached 58 U.S. dollars for the first time since July 2015.

The largest percentage gainer was NexGen Energy Ltd, which jumped nearly 8 percent to 3.38 Canadian dollars.

The move higher for oil was in part due to TransCanada Corp cutting crude flows from Canada into the United States. TransCanada fell nearly 2 percent to 62.99 Canadian dollars.

The materials group, which includes precious and base metals miners and fertilizer companies, added 0.5 percent. Enditem

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