CANADA STOCKS-TSX reverses big fall to end little changed
* TSX closes 3.27 points, or 0.03 pct, lower at 11,518.08
* Index fell more than 2 pct early in the session
* Oil and gas shares weigh on TSX
* Golds advance on safety bid (Adds details, quote)
By Jennifer Kwan
TORONTO, May 25 (Reuters) - Toronto's main stock index ended only slightly lower on Tuesday after a sharp fall early in the day as surging gold mining shares cushioned a drop in energy shares on worries that Europe's banking problems could derail global economic recovery.
Gold miners rose as bullion prices climbed on safe-haven buying, and by the end of the day energy and financial shares had trimmed early losses.
Barrick Gold (ABX.TO: Quote) gained 4.4 percent to C$45.30, while Goldcorp (G.TO: Quote) rose 5.2 percent to C$45.61. Kinross (K.TO: Quote) was up 3.5 percent at C$18.21, and Yamana Gold YRI.TO climbed 5.7 percent to C$11.21.
The index was able to find support at around its 200-day moving average of around 11,500, a technical level closely watched by strategists, said Jean-Francois Dion, vice president and portfolio advisor, Canadian equities, at RBC Dominion Securities. Continued...