Canadian stocks drop to six-week low

Posted by 7Star Sunday, January 24, 2010

Toronto's main stock index slid to its lowest point in six weeks on Friday, roughed up by falling oil prices and by weaker financial issues that were still reeling from the White House plan to impose tighter restrictions on US banks. Heavy losses came from Royal Bank of Canada, down 2.44 percent at C$52.88, and Suncor Energy, down 1.81 percent at C$35.20.

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