(Adds details, stocks, updates prices)
Feb 8 (Reuters) - Canada's main stock index tumbled on Thursday, ending at its lowest level in nearly five months as a sell-off on Wall Street deepened and as a drop in oil prices hit energy shares.
* The Toronto Stock Exchange's S&P/TSX composite index ended down 264.97 points, or 1.73 percent, at 15,065.61.
* After trading little changed earlier in the session, Bay Street joined the global rout in equities as the benchmark S&P 500 shed more than 4 percent, putting the index in correction territory. * Selling in Toronto accelerated into the closing bell, with the TSX ending at the day's low, making for its lowest close since Sept. 11.
* The losses added on to a retreat that began on Monday, putting the index on track to decline more than 3 percent for the week.
* Suncor Energy Inc reversed earlier declines and was one of the biggest drags on the index, down 2.4 percent at C$41.44 after it reported higher fourth-quarter profit on stronger oil prices and lower costs. * The energy group retreated 2.8 percent as oil settled down 64 cents at $61.15 a barrel after data showed U.S. crude output had reached record highs. * The financials group also dragged the market lower, slipping 1.6 percent as Royal Bank of Canada declined 1.8 percent to C$99.24 and Bank of Montreal fell 2.4 percent to C$95.51.
* The selling was broad-based with all 10 of the index's main sectors in the red. The subindex of gold producers eked out a small gain of 0.1 percent as investors searched for safety.
* Shares of Bombardier Inc declined 2.1 percent to C$3.20 after the plane and train maker missed out on a contract to provide rail cars for one of the world's biggest light rail systems in Montreal. * Canada Goose Holdings Inc declined 16.1 percent to C$40.15 after releasing its quarterly results. * Volume on the TSX index was 256.44 million shares.
(Reporting by Leah Schnurr; Editing by Lisa Shumaker)
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.