CANADA STOCKS-TSX falls after Brussels attack, investors eye budget

Tue Mar 22, 2016 10:33am EDT
 
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(Updates prices)

* TSX down 26.73 points, or 0.2 percent, to 13,534.36

* Eight of the TSX's 10 main groups were lower

TORONTO, March 22 (Reuters) - Canada's main stock index fell on Tuesday, led by losses for financial stocks as deadly blasts in Brussels prompted a flight towards safe-haven assets such as gold, helping boost shares of gold miners.

Travel-related stocks fell, with Air Canada down 1.9 percent at C$8.99 and Westjet Airlines Ltd off 2.9 percent at C$19.45. Canadian National Railway fell 1 percent to C$80.69. Industrials fell 0.8 percent.

Thirty-four people were killed in attacks on Brussels airport and a rush-hour metro train in the Belgian capital on Tuesday, according to public broadcaster VRT, triggering security alerts across Europe and bringing some cross-border traffic to a halt.

The most influential weights on the Canadian index also included some of the biggest banks, with Royal Bank of Canada falling 0.7 percent to C$74.82 and Bank of Nova Scotia off 0.5 percent at C$63.33.

The financials group slipped 0.6 percent.

At 10:14 a.m. EDT (1414 GMT), the Toronto Stock Exchange's S&P/TSX composite index fell 26.73 points, or 0.2 percent, to 13,534.36.   Continued...