December 3, 2010 / 2:47 PM / in 7 years

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

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).

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)

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