Toronto stocks hit new high, then retreats

Tue May 20, 2008 9:41am EDT
 
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TORONTO May 20 (Reuters) - Toronto's main stock market index rose beyond the 15,000-point mark briefly on Tuesday, before dipping into negative territory as worries over the future of BCE Inc's (BCE.TO: Quote) buyout overshadowed rising energy prices.

The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE rose as high as 23.84 points, or 0.2 percent, to 15,008.04, before turning lower for a drop of 0.3 percent to 14,940.57. ($1=$0.99 Canadian) (Reporting by Scott Anderson; Editing by Bernadette Baum)