The Canadian stock market heads lower in afternoon activity as a retreat in financial and consumer stocks offsets rising shares in commodities producers.

Toronto follows bank and real-estate stocks lower after a report showed U.S. job losses increased in September.

Canadian shares slip as the mining and energy sectors slid on falling gold and natural gas prices.

Canadian shares rise as the energy sector leads the advance, buoyed by oil producer Petro Andina Resourcesâ?? announcement late Thursday that it would sell the company to Argentinaâ??s Pluspetrol S.A.

Canadian shares dipped slightly Wednesday after Canadian Imperial Bank of Commerce's stocks slipped as the bank reported lower-than-expected third-quarter earnings.