CANADA STOCKS-TSX drops 4 pct on oil, GDP data, AIG loss

Mon Mar 2, 2009 10:22am EST
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TORONTO, March 2 (Reuters) - Toronto's main stock index extended its fall on Monday morning, dropping 4 percent on weak Canadian GDP data for the fourth quarter, slumping oil, and a huge loss at U.S. insurer AIG (AIG.N: Quote).

The S&P/TSX composite index .GSPTSE was down 325.51 points, or 4.01 percent, at 7,797.51, with all of its 10 main groups lower. (Reporting by Jennifer Kwan; Editing by Peter Galloway)