Sunday, February 26, 2012

Gold miners drag TSX to lackluster finish

People walk by a Bay Street sign inside the financial district in TorontoTORONTO (Reuters) - Toronto's main stock index ended slightly lower on Tuesday, retreating from a one-week high, as losses from gold miners offset rising confidence on the economic outlook in China, the United States and Germany. The weighty materials sector fell more than 2 percent, led lower by Kinross Gold , which plunged more than 20 percent to C$10.39. "That's been a bit of a drag on our market, there's no doubt about that," said Fred Ketchen, director of equity trading at ScotiaMcLeod. ...


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