CANADA STOCKS-TSX hits 7-month low on global selloff

Fri May 18, 2012 4:10pm EDT
 
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TORONTO, May 18 (Reuters) - Canadian stocks hit a
seven-month low on Friday, erasing early mining and energy gains
as concerns about Europe's deepening debt woes and after
Facebook's disappointing market debut fueled a flight to
safety among investors.	
    The Toronto Stock Exchange's S&P/TSX composite index
 unofficially closed down 50.04 points, or 0.4 percent,
at 11,280.64, its lowest level since Oct. 5, 2011.