CANADA-STOCKS-TSX extends slide as financials, oils fall

Mon Jan 19, 2009 10:41am EST
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TORONTO Jan 19 (Reuters) - Toronto's main stock index was down more than 100 points at mid-morning on Monday as financial shares buckled under the weight of concern about the U.S. banking sector, while a drop in oil prices rattled the energy sector.

At 10:28 a.m. (1528 GMT), the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was down 105.96 points, or 1.19 percent, at 8,814.44.

Five of the TSX's 10 sectors were lower, led by 2 percent drops in both the energy and financial sectors, which together make up about 55 percent of the index. (Reporting by Frank Pingue; editing by Peter Galloway)