CANADA STOCKS-TSX closes lower after bid for Astral blocked

Fri Oct 19, 2012 4:10pm EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

TORONTO, Oct 19 (Reuters) - Canada's main stock index ended
lower on Friday, as shares of Astral Media Inc plunged
almost 16 percent after the country's broadcast regulator
blocked its planned takeover by BCE Inc.
    The Toronto Stock Exchange's S&P/TSX composite index
 fell 50.14 points, or 0.4 percent to finish at
12,415.98. The index posted a 1.75 percent gain for the week.
Nine of the index's 10 main groups were lower.