CANADA STOCKS-Toronto index slides along with oil price

Mon Apr 20, 2009 3:19pm EDT
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

TORONTO, April 20 (Reuters) - Toronto's main stock index slid 3 percent on Monday afternoon as the heavily weighted energy sector fell in tandem with oil prices, while concerns about the health of the U.S. banking sector also weighed.

The S&P/TSX composite index .GSPTSE fell 285.37 points, or 3.02 percent, to 9,152.28. Nine of the TSX's 10 sectors were lower, led by a 6.2 percent drop in the energy group. (Reporting by Jennifer Kwan; Editing by Jeffrey Hodgson)