CANADA STOCKS-TSX drops on global growth concerns
*TSX down 82.41 points at 11,113.65
*All 10 sectors lower
(Updates with details, quotes)
By Claire Sibonney
TORONTO, July 5 (Reuters) - Toronto's main stock index dropped on Monday to its lowest in nearly five months as energy, materials and financial issues receded on concerns about global economic growth.
The broad-based decline came on thin trading on a day when U.S. markets were closed for the Independence Day holiday.
Among the biggest decliners, Suncor Energy (SU.TO: Quote) lost 0.9 percent to C$30.84, Royal Bank of Canada (RY.TO: Quote) fell 0.9 percent to C$50.45 and Teck Resources TCKb.TO knocked off 2.2 percent to C$30.93.
World stock prices also fell for the fourth day running on growing concerns of slowdowns in the United States and China -- the two main pillars of global growth. [MKTS/GLOB]
"People are obviously concerned about the chatter of a possible double-dip recession," said Bruce Latimer, a trader at Dundee Securities. Continued...