CANADA STOCKS-TSX falls 2 pct as energy, financials sag

Wed May 13, 2009 12:25pm EDT
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TORONTO May 13 (Reuters) - Toronto's main stock index was down 2 percent shortly after midday on Wednesday as the energy and financial groups extended losses as soft U.S. retail sales hurt investor sentiment.

At 12:19 p.m. (1619 GMT), the S&P/TSX composite index .GSPTSE was down 201.71 points, or 2 percent, at 9,875.99.

Nine of the TSX's 10 main sectors were lower, led by a 3.3 percent drop in the energy group. Materials were an offsetting sector, led higher by firmer gold prices. (Reporting by Frank Pingue; editing by Rob Wilson)