November 28, 2008 / 2:42 PM / 9 years ago

CANADA STOCKS-Oil drags TSX lower at open

TORONTO, Nov 28 (Reuters) - The Toronto Stock Exchange’s main index slipped at the open on Friday, led lower by the energy group as the price of oil fell below $53.

The S&P/TSX composite index .GSPTSE fell 36.50 points, or 0.42 percent, to 8,717.27. The oil and materials sectors were the main drags on the index, with the other eight main groups advancing. (Reporting by Ka Yan Ng; editing by Peter Galloway)

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