CANADA STOCKS-TSX pares losses after Fed, gold issues up

Wed Apr 27, 2011 4:10pm EDT
 
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TORONTO, April 27 (Reuters) - Toronto's main stock index closed lower on Wednesday but cut most of its early-session losses, comforted by a bounce-back in gold-mining issues and by U.S. Federal Reserve signals that it would maintain its support for the U.S. economy.

The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE came off its lowest point in a week, but still finished 16.53 points lower at 13,892.57. Seven of its 10 sectors fell. (Reporting by Ka Yan Ng; editing by Peter Galloway)