February 25, 2013 / 8:54 PM / 5 years ago

CANADA STOCKS-TSX turns negative on Italy fears; banks feel pressure

TORONTO, Feb 25 (Reuters) - The prospect of a divided Italian parliament prompted a late retreat in banking and other Canadian financial stocks on Monday, pushing the main Toronto equity index into the red after it had earlier hit a three-week high.

At 3:46 p.m. (2046 GMT) the Toronto Stock Exchange’s S&P/TSX composite index was down 11.55 points, or 0.09 percent, at 12,690.08.

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