CANADA STOCKS-TSX extends losses, down more than 3 pct

Wed Jan 7, 2009 10:59am EST
 
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TORONTO Jan 7 (Reuters) - Toronto's main stock index lost more than 3 percent on Wednesday morning, led lower by oil and gold shares as commodity prices dropped.

The S&P/TSX composite index .GSPTSE fell 301.17 points, or 3.18 percent, to 9,170.92. All 10 main groups were lower.

($1=$1.19 Canadian) (Reporting by Ka Yan Ng; editing by Peter Galloway)