CANADA STOCKS-Banks help drag TSX 1.5 percent lower

Fri Aug 19, 2011 4:16pm EDT
 
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 TORONTO, Aug 19 (Reuters) - Toronto's main stock market
dropped sharply for a second day on Friday as banks were hit
hard by growing fears of a new U.S. recession and by a Bank of
Canada warning of risks for the global economy.
 The Toronto Stock Exchange's S&P/TSX composite index
.GSPTSE unofficially ended down 179.24 points, or 1.5
percent, at 12,007.47.
 (Reporting by Claire Sibonney; editing by Peter Galloway)