REFILE-CANADA STOCKS-TSX flat as financials offset golds

Tue May 12, 2009 11:18am EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

(Refiles to delete extraneous word from headline)

* TSX index flat at 10,095.62

* Early rally fizzles

* Golds glitter, financials weigh (Adds details)

By Ka Yan Ng

TORONTO, May 12 (Reuters) - Toronto's main stock index was unchanged on Tuesday morning as weakening financials offset firm commodities.

The TSX shot higher at the opening bell, rising nearly 1 percent in a broad-based rally, led by resource-related issues.

But the gains fizzled in some major sectors, including the heavyweight financials group, which tumbled 1.42 percent.

The markets leading banks and insurers were among the top 10 stocks moving the index lower.   Continued...