CANADA STOCKS-TSX drops sharply as banks feel heat

Wed Nov 19, 2008 4:11pm EST
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TORONTO Nov 19 (Reuters) - Toronto Stock Exchange's main index sank 4 percent on Wednesday in a broad selloff led by key resource and financials issues on gloomy news from the banking sector.

The S&P/TSX composite index .GSPTSE unofficially closed down 367.75 points, or 4.16 percent, at 8,467.98. (Reporting by Jennifer Kwan; Editing by Peter Galloway)