(Updates at market close)

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TSX ends down 0.5% at 29,815.63

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Posts intraday record high above 30,000

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Technology falls 2.9% with Shopify ( SHOP ) down 4.5%

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Industrials end 1.5% lower

By Fergal Smith

Sept 23 (Reuters) - Canada's main stock index pulled

back on Tuesday from a record intraday high, ultimately ending

lower as industrial and technology shares lost ground.

The S&P/TSX composite index ended down 143.35 points,

or 0.5%, at 29,815.63. During the session the index traded above

the 30,000 threshold for the first time after posting a record

closing high on Monday. It has advanced 20.6% since the start of

the year.

"In spite of our difficult trading arrangement with the

United States, the whole world needs what we have and that's

energy, copper, gold and who doesn't want to buy an oligopoly of

bank stocks," said Matt Skipp, President of SW8 Asset

Management.

Five banks dominate the domestic lending market. Financials

account for roughly one-third of the TSX's market

capitalization, while resource shares make up an additional 32%.

Bank of Canada Governor Tiff Macklem said the new global

uncertainty, triggered in part by U.S. tariffs, underscored the

need for Canada to boost productivity and find new foreign

markets.

Last week, the central bank eased interest rates for the

first time since March to support the economy, lowering its

benchmark rate by 25 basis points to 2.50%.

Wall Street also ended lower on Tuesday.

The Toronto market's industrials sector fell 1.5%

and technology lost 2.9%. Shares of e-commerce

company Shopify Inc ( SHOP ) were down 4.5%.

Energy was a bright spot, rising 1.1%. The price of

oil settled 1.8% higher at $63.41 a barrel after a deal

to resume exports from Iraq's Kurdistan stalled.