CANADA STOCKS-TSX extends losses on resources, banks

Thu Jan 21, 2010 10:43am EST
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TORONTO Jan 21 (Reuters) - Toronto's main stock market index extended its fall on Thursday morning as resource shares were hit by softening commodity prices.

Financial shares were also weaker, reacting to U.S. President Barack Obama's plan for stricter limits on financial risk-taking.

The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE dropped 116.01 points, or 1 percent, to 11,563.31. (Reporting by Ka Yan Ng; editing by Peter Galloway)