TSX opens lower after telecoms shares fall

Mon Jul 7, 2014 9:57am EDT
 
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TORONTO - Canada's main stock index fell on Monday, hurt by a decline in shares of telecoms providers after comments from the industry minister about a new spectrum auction.

The Toronto Stock Exchange's S&P/TSX composite index was down 19.54 points, or 0.13 percent, at 15,195.42 shortly after the open.

(Reporting by John Tilak; Editing by Chizu Nomiyama)

 
A man walks past an old Toronto Stock Exchange (TSX) sign in Toronto, June 23, 2014. REUTERS/Mark Blinch