Sunday, February 12, 2012
Toronto stocks fall as oil, gold prices decline
March 19, 2010 | 11:22
Money
Canada’s benchmark stock index fell in morning trading Friday as oil, gold and other metal prices weighed on the heavily-weighted commodities sector.
The S&P/TSX index was down 92.27 points by 11 a.m EST to 11,947.7. Six of the eight main sub-indices were lower, with metals and mining showing the biggest decline with an 18.8 point drop, according to TSX data.
Oil prices dropped 1.7% to $80.8 a barrel, while the gold price fell 1.8% to $1,106.50.
In total, declining stocks outpaced gainers by more than two to one, while 232 shares were unchanged.
Heavily-weighted Potash Corp dropped 1.8% , or $2.2, to $122.47, making it one of the biggest contributors to the fall.
| Tous droits réservés
