CANADA STOCKS-TSX opens lower, energy up despite oil fall

Fri Jan 2, 2009 9:41am EST
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TORONTO Jan 2 (Reuters) - Toronto's main stock index opened lower on Friday on broadbased weakness, led by declining financials. Energy issues advanced despite a drop in the price of oil.

The S&P/TSX composite index .GSPTSE fell 37.93 points, or 0.42 percent, to 8,949.77. Eight of the index's 10 main groups were lower.

($1=$1.22 Canadian) (Reporting by Ka Yan Ng)