February 23, 2009 / 4:47 PM / 9 years ago

CANADA STOCKS-TSX drops 1 percent, gold miners lead slide

TORONTO, Feb 23 (Reuters) - Toronto’s key stock index was down more than 1 percent late on Monday morning as a slide in gold prices rattled mining shares, while financial shares relinquished early gains.

At 11:37 a.m. (1637 GMT), the S&P/TSX composite index .GSPTSE was down 80.63 points, or 1.01 percent, at 7,869.36. Earlier, the TSX had rallied as much as 1.03 percent.

All 10 TSX sectors were lower. (Reporting by Frank Pingue; Editing by Peter Galloway)

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