CANADA STOCKS-TSX falls as oil weakens, BoC turns dovish

Tue Jul 20, 2010 9:42am EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

TORONTO, July 20 (Reuters) - Toronto's main stock index fell at the open on Tuesday as oil prices weakened.

The lower open also came after the Bank of Canada raised its key interest rate, as expected, but cautioned that domestic and global economic recovery will be slower than previously expected. [ID:nN20251478]

The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE fell 13.26 points, or 0.11 percent, to 11,530.21 at the open. (Reporting by Jennifer Kwan; editing by Peter Galloway)