March 27, 2020 / 1:44 PM / 2 months ago

CANADA STOCKS-TSX opens lower for first time in 4 days as coronavirus crisis deepens

March 27 (Reuters) - Canada’s main stock index opened lower for the first time in four sessions on Friday, as concerns over the rapidly spreading coronavirus outweighed optimism around a stimulus package.

Also hurting the main index was a 5% decline in oil prices that weighed on energy stocks.

At 9:31 a.m. ET (1331 GMT), the Toronto Stock Exchange’s S&P/TSX Composite index was down 512.55 points, or 3.83%, at 12,858.62. (Reporting by Shreyashi Sanyal in Bengaluru, Editing by Sherry Jacob-Phillips)

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