Toronto stocks mount recovery with help of banks

Fri Mar 7, 2008 10:07am EST
 
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TORONTO, March 7 (Reuters) - The Toronto Stock Exchange's main index recovered from an early drop on Friday morning, punching into positive territory on the back of bargain-hunting in the financial sector.

The S&P/TSX composite index .GSPTSE was up 1 point at 13,361.44, after falling more than 170 points immediately after the opening bell.

($1=$0.98 Canadian) (Reporting by Jonathan Spicer; Editing by Peter Galloway)