* TSX ends down 128.76 points, or 0.6%, at 20,633.27
* Index falls 2.3% for the week
* Technology declines 2.5%; healthcare ends down 2.6%
* Bank of Montreal adds 2.4% after earnings beat
TORONTO, Dec 3 (Reuters) - Canada's main stock index fell on
Friday as concern that the Omicron coronavirus variant will clip
global economic activity eclipsed encouraging domestic jobs
data, with the index adding to this week's decline.
The Toronto Stock Exchange's S&P/TSX composite index
ended down 128.76 points, or 0.6%, at 20,633.27. For
the week, the index was down 2.3%, its third straight decline
and its biggest since January.
"Economic activity is going to fall from here," said Barry
Schwartz, portfolio manager at Baskin Financial Services. "This
new variant has got everybody scared."
"No one wants to be brave and take a stance until it's clear
what the next steps are going to be."
Canada's economy posted an unexpectedly large job gain in
November, driving the jobless rate down and hours worked up to
pre-pandemic levels, but economists say it is unlikely to change
the Bank of Canada's guidance amid worries over the new variant.
The technology sector was among the biggest decliners,
falling 2.5%, while healthcare was down 2.6% as shares of pot
producers lost ground.
Bank of Montreal added 2.4% as its quarterly
earnings topped market expectations and the lender joined rivals
in raising its dividend and announcing a share buyback program.
Still, financials lost 0.3% as did the energy sector, with
oil giving back its earlier gains to settle 0.4% lower on
growing worries that rising coronavirus cases and the new
variant could reduce global oil demand.
"If we start to see more restrictions coming and lockdowns,
then that could obviously have a negative impact on the market,"
said Colin Cieszynski, chief market strategist at SIA Wealth
(Reporting by Fergal Smith; Additional reporting by Amal S in