CANADA STOCKS-TSX down 3 pct in sharpest fall since 2011

Mon Dec 8, 2014 2:27pm EST
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TORONTO Dec 8 (Reuters) - Canada's main stock index fell more than 3 percent on Monday in a broad-based decline led by heavyweight financial and resource shares.

The Toronto Stock Exchange's S&P/TSX composite index was down 457.36 points, or 3.16 percent, at 14,016.34 by mid-afternoon. If sustained, the fall would be the index's sharpest one-day drop since 2011. (Reporting by Alastair Sharp; Editing by Peter Galloway)