CANADA STOCKS-TSX drops sharply on China, Greek worries

Tue Feb 7, 2012 10:20am EST
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TORONTO Feb 7 (Reuters) - Toronto's main stock index hit a February low on Tuesday morning as mining and energy shares slid on sluggish demand from top consumer China and uncertainty about Greece's ability to secure a bailout in time to avoid a messy default.

The Toronto Stock Exchange's S&P/TSX composite index was down 117.48 points, or 0.9 percent, at 12,442.37 after falling as low as 12,424.75, its lowest level since Jan. 31. (Reporting By Jon Cook; Editing by Peter Galloway; Editing by Peter Galloway)