Mon, 23 Jul 2012 16:40:29 GMT
Canadian markets dropped on Monday
Canadian
markets were dragged down by grim data out of Eurozone. The S&P/TSX
benchmark index erased 1.26 per cent to 11,496, with similar drop on Wall
Street. Meanwhile, Canadian economic sectors also turned red on Monday, with
decline in metals and mining stocks by 3.5 per cent and 2.12 drop in the
materials sector. In currency news, the loonie declined against the American
counterpart by 0.33