CANADA STOCKS-Royal Bank results, jobs data dampen TSX open

Fri Dec 3, 2010 9:43am EST
 
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TORONTO Dec 3 (Reuters) - Toronto's main stock index was lower in early dealings on Friday, pulled down by an unexpectedly weak U.S. jobs report and soft results from Royal Bank of Canada (RY.TO: Quote).

The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was down 24.57 points, or 0.19 percent, at 13,138.96, after edging up at the open. Financials led the index lower, dragged down by a 4.5 percent drop in Royal shares. The index's decline was cushioned by a rise in its materials sector. (Reporting by Ka Yan Ng; editing by Peter Galloway)