Toronto’s main stock index dropped on Monday to its lowest in nearly five months as energy, materials and financial issues receded on concerns about global economic growth.
The broad-based decline came on thin trading on a day when U.S. markets were closed for the Independence Day holiday.
Among the biggest decliners, Suncor Energy lost 0.9 percent to C$30.84, Royal Bank of Canada fell 0.9 percent to C$50.45 and Teck Resources knocked off 2.2 percent to C$30.93.
World stock prices also fell for the fourth day running on growing concerns of slowdowns in the United States and China — the two main pillars of global growth. Read More…