March 20, 2009 / 5:48 PM / 8 years ago

CANADA STOCKS-TSX drops 1 percent as oil pulls back

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TORONTO, March 20 (Reuters) - Toronto's main stock index dropped 1 percent on Friday afternoon, following eight sessions of gains, as the hefty energy sector fell in tandem with the price of oil.

The S&P/TSX composite index .GSPTSE was down 87.88 points, or 1.01 percent, at 8,602.61. (Reporting by Jennifer Kwan; Editing by Peter Galloway)

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