CANADA STOCKS-TSX drops on global recession worries [Reuters]
Yamana Gold Inc. Ordinary Shares (Canada) (AUY)
Last yamana gold inc. ordinary shares (canada) earnings: 4/30 07:15 am
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Source: Reuters
CANADA STOCKS-TSX drops on global recession worries Aug 14 (Reuters) - Canada’s main stock index fell on Wednesday, mirroring a global slump in equities, after dour economic data from Germany and China reignited recession fears. * At 9:35 a.m. ET (13:35 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was down 108.64 points, or 0.66%, at 16,242.2. * Ten of the index’s 11 major sectors were lower, led by the a 2.2% drop in the energy sector as oil prices took a hit on weak economic outlook. * U.S. crude prices were down 3.3% a barrel, while Brent crude lost 3.0%. * The heavyweight financials sector slipped 0.8% and the industrials sector fell 0.8%. * Only the materials sector, which includes precious and base metals miners and fertilizer companies, was in the positive territory, adding 0.8%, as gold futures rose 0.8% to $1,513.7 an ounce. * On the TSX, 54 issues were higher, while 181 issues declined for a 3.35-to-1 ratio to the downside, with 18.60 million shares traded. * T
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