December 2, 2008 / 3:00 PM / 9 years ago

CANADA STOCKS-TSX turns negative on Manulife share issue

TORONTO, Dec 2 (Reuters) - The Toronto Stock Exchange’s main index turned negative on Tuesday after Manulife Financial (MFC.TO) warned that it expects to report a quarterly loss and said it will issue more than C$2 billion in new stock.

The S&P/TSX composite index .GSPTSE was down 3.47 points, at 8,408.74 after rising as 120 points at the open. (Reporting by Frank Pingue; editing by Peter Galloway)

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