CA-BUSINESS Summary TSX falls sharply as gold lead
Post# of 28526
Posted On: 04/13/2013 8:27:58 AM
CA-BUSINESS Summary TSX falls sharply as gold leads broad selloff TORONTO (Reuters) - Canada's main stock index fell more than 1 percent on Friday, as weak U.S. economic data dulled hopes for the Canada's export sector, while a sharp drop in gold prices pulled mining stocks to multi-year lows. The mining-heavy TSX materials sector dropped 4.21 percent to its lowest level since 2009, fueled by a 4 percent drop in gold prices and sliding copper, while weak oil prices yanked energy stocks down by 1.95 percent. ...
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