CANADA STOCKS-TSX closes below 13,000, lowest since November
* TSX ends down 144.28 points, or 1.1 pct, at 12,939.72
* Index close lowest since Nov. 29, 2010
* S&P cuts Greece to CCC, or 8 notches into junk
* All 10 index sectors weaker (Updates to close)
By Claire Sibonney
TORONTO, June 13 (Reuters) - Toronto's main stock market closed below 13,000 on Monday for the first time since November as a downgrade of Greece's credit rating prompted more economic pessimism and a drop in commodity prices.
Greece's credit rating became the lowest of any country in the world after Standard & Poor's downgraded it by three notches, saying the agency would consider any debt restructuring as a default. [ID:nN13126859]
The news sent oil prices tumbling with U.S. crude oil futures ending almost $2 a barrel lower, pushing Toronto's energy shares down almost 2 percent. [O/R]
Oil and gas producer Canadian Natural Resources (CNQ.TO: Quote) was the one of the heaviest drags on the index, falling 1.9 percent to C$38.61, while Suncor Energy (SU.TO: Quote) dropped 1.3 percent to C$37.59. Continued...