Toronto stock index drops more than 100 points

Fri Mar 14, 2008 9:59am EDT
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TORONTO, March 14 (Reuters) - The Toronto Stock Exchange's main index fell after an early rise on Friday morning, tumbling quickly into negative territory on the back of soft financial issues, which continue to be dogged by the global credit crunch.

The S&P/TSX composite index .GSPTSE was down 105.45 points, or 0.8 percent, at 13,338.05, with the financial sector off more than 1 percent.

($1=$0.99 Canadian) (Reporting by Jonathan Spicer; Editing by Peter Galloway)