May 16, 2012 / 8:08 PM / 5 years ago

CANADA STOCKS-TSX hits 7-mth low as Greek fears mount

1 Min Read

TORONTO, May 16 (Reuters) - Canada's main stock index fell
to a seven-month low on Wednesday after news that the European
Central Bank had stopped funding operations for some Greek banks
rattled financial markets, erasing resource gains on the back of
strong U.S. economic data.	
    The Toronto Stock Exchange's S&P/TSX composite index
 unofficially closed down 16.97 points, or 0.15
percent, at 11,326.08. Earlier, it fell as low as 11,298.46, its
lowest level since Oct. 5.

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