TSX Close: TSX Pares Earlier Gains, Ends 25 Points Lower on Late-Day Decline

By MT Newswires,  September 21, 2012, 04:05:55 PM EDT

The Toronto stock market closed lower on Friday, losing ground in the final hour of trading after being in positive territory for much of the session.

The S&P TSX Composite Index finished down 25 points at day lows of 12,383.

Energy and gold stock were higher as crude and bullion prices rose.

The TSX's materials sector added 1.2% while energy was up 1%, offset by losses in information technology (-1%), utilities (-0.5%) and financials (-0.3%).

Heavily traded CGA Mining (CGA.TO) rose 12% while Manulife Financial (MFC.TO) shed 0.3%. Kinross Gold (K.TO) and B2Gold (BTO.TO) were active gainers.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks:



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