CANADA STOCKS-Toronto index ends down after hitting 5-year low

Tue Mar 3, 2009 4:06pm EST
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TORONTO, March 3 (Reuters) - Toronto's main stock index ended down on Tuesday as nagging credit quality concerns shook shares of domestic banks, but a late rally allowed the index to close well above a five-year low hit earlier in the session.

The S&P/TSX composite index .GSPTSE unofficially closed down 50.96 points, or 0.66 percent, at 7,636.55. At one point in the session the index was down 2.4 percent at its lowest level since October 2003. (Reporting by Frank Pingue; editing by Rob Wilson)