Toronto stocks skid to lowest level since Feb. 12

Mon Mar 10, 2008 11:59am EDT
 
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TORONTO, March 10 (Reuters) - The Toronto Stock Exchange's main index tumbled more than 200 points to its lowest level in nearly a month on Monday as sliding commodity prices weighed on the shares of gold and energy companies.

The S&P/TSX composite index .GSPTSE fell 201.36 points, or 1.5 percent, to 13,080.36, its lowest level since Feb. 12.

Shares of BCE Inc (BCE.TO: Quote), which were up 5.5 percent at C$37.77, helped cushion the fall as the company received a boost after a Quebec court approved a C$34.8-billion takeover offer from a group of private-equity investors.

($1=$0.99 Canadian) (Reporting by Frank Pingue, editing by Mario Di Simine)