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At midday: TSX falls amid weaker financials
2015-12-03 18:25:54| Railroads - Topix.net
Canada's main stock index retreated on Thursday as some of its biggest bank shares fell despite reporting profit growth, while railway and pipeline stocks also weakened, offsetting overall gains for resource stocks.Toronto-Dominion Bank fell 0.9 per cent to $54.57 and Canadian Imperial Bank of Commerce dropped 1.2 per cent to $99.58 after reporting fourth quarter results. The overall financials group retreated 0.5 per cent as analysts were concerned about industry growth prospects in the face of slumping oil prices.
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Category:Transportation and Logistics