Toronto stocks sharply lower amid credit woes

Fri Mar 14, 2008 4:05pm EDT
 
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TORONTO, March 14 (Reuters) - The Toronto Stock Exchange's main index skidded on Friday in a broad selloff as the banking sector staggered after being hit by fresh problems due to tightness in the credit markets.

The S&P/TSX composite index .GSPTSE unofficially closed down 173.85 points, or 1.29 percent, at 13,269.65. (Reporting by Leah Schnurr; Editing by Peter Galloway)