Toronto stocks set for second straight weekly fall as financials, energy weigh

  • 📰 Reuters
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 97%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Canada's main stock index fell on Friday, dragged down by losses in financials as fears of a global banking meltdown continued to worry investors, while lower oil prices weighed on energy stocks.

was down 197.19 points, or 1.01%, at 19,341.82. The index is down over 2% so far this week, and is on track for a second straight week of losses.

, the largest sector by weight on the Canadian index, led the decline in the benchmark, dropping 1.7%, as the banking sector turbulence continued to deter investors.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada has a stock market? Since when?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Credit Suisse fears hit Toronto's main stock indexCanada's main stock index fell 1.6% on Wednesday, dragged down by energy and financial stocks as Credit Suisse spooked world markets, renewing concerns of a banking crisis.
Source: Reuters - 🏆 2. / 97 Read more »

KeyCorp says executive's $700,000 stock sale Friday was 'precleared'KeyCorp Chief Information Officer Amy Brady sold $700,000 in KeyCorp shares amid last week's selloff in what the company says was a precleared trade. Doesn’t mean it was good
Source: MarketWatch - 🏆 3. / 97 Read more »

5 things to know before the stock market opens FridayHere are the most important news items that investors need to start their trading day.
Source: CNBC - 🏆 12. / 72 Read more »