Toronto stocks sag as oil falls, inflation weighs

Thu Jun 19, 2008 4:04pm EDT
 
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TORONTO, June 19 (Reuters) - The Toronto Stock Exchange's main index tumbled almost 2 percent on Thursday, as a sharp drop in the price of oil pulled energy shares lower and new inflationary fears also weighed on the market.

The S&P/TSX composite index .GSPTSE fell 278.49 points, or 1.85 percent, to unofficially close at 14,794.64. (Reporting by Wojtek Dabrowski; editing by Rob Wilson)