December 4, 2008 / 5:25 PM / 9 years ago

CANADA STOCKS-TSX turns negative on oil price drop

TORONTO, Dec 4 (Reuters) - Toronto Stock Exchange’s main index turned negative midday on Thursday afternoon as financials and materials stocks trimmed gains and energy issues fell as oil dropped on demand concerns.

The S&P/TSX composite index .GSPTSE was down 1.98 points, at 8,294.98. (Reporting by Jennifer Kwan; editing by Peter Galloway)

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