CANADA STOCKS-TSX tumbles on recession fears; Greece woes

Fri Sep 23, 2011 9:44am EDT
 
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 TORONTO, Sept 23 (Reuters) - Toronto's main stock index
fell sharply in opening trade on Friday as investors continued
to liquidate risky assets on fears of a global recession, and
as talk of a Greek default gained pace.
 The Toronto Stock Exchange's S&P/TSX composite index
.GSPTSE opened down 4.93 points at 11,557.58, then extended
losses more than 1 percent. The index is now down more than 20
percent from its 2011 peak, which is generally viewed as the
definition of a bear market.
 (Reporting by Trish Nixon; Editing by Jeffrey Hodgson)