TORONTO (Reuters) - The Toronto Stock Exchange’s main index ended lower as investors locked in profits following the market’s recent record-setting pace and ahead of the Bank of Canada’s interest rate decision today.The S&P/TSX composite index closed down 35.74 points, or 0.3 percent, at 13,628.97.

“There’s a little profit-taking in select sectors,” said Elvis Picardo, investment strategist at Northern Securities in Vancouver.

“This profit-taking may be prompted by the Bank of Canada’s meeting tomorrow,” he added. “While the expectations are that the Bank of Canada will leave rates more or less unchanged, there is always some uncertainty about what exactly they might say.”

Seven of the TSX index’s 10 main groups were lower, led by a 0.6 percent slide in the financial services sector and a 0.7 percent drop in materials issues.

Although no rate move is expected Tuesday, the Bank of Canada’s accompanying statement will be reviewed for the bank’s reaction to strong jobs and inflation data, as well as the Canadian dollar’s recent rise. The market is also waiting for the bank’s Monetary Policy Report, which is due Thursday.

Shares of Manulife Financial were 45 Canadian cents, or 1.1 percent, lower at C$40.33. Royal Bank of Canada slipped 20 Canadian cents, or 0.3 percent, to C$59.27.

Energy shares gained 0.1 percent on firm crude prices, which rose 2.8 percent to $65.89 a barrel due to controversy over the results of Nigeria’s election on the weekend, which spurred fresh supply concerns.