CANADA STOCKS-TSX drops 1 pct on gold weakness

TORONTO, May 19 (BestGrowthStock) – Toronto’s main stock index fell
1 percent on Wednesday, dragged down by soft gold shares and
investor jitters over Germany’s ban on some risky bets aimed at
limiting speculative trading.

The Toronto Stock Exchange’s S&P/TSX composite index
(.GSPTSE: ) tumbled 117.60 points to 11,646.91. It was briefly
higher after a negative start, but gold issues were the main
drag, with the materials group down more than 3 percent.

Stock Market Report

(Reporting by Ka Yan Ng; editing by Rob Wilson)

CANADA STOCKS-TSX drops 1 pct on gold weakness