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Canadian stock market suffers broad drop

Xinhua,April 07, 2018 Adjust font size:

TORONTO, April 6 (Xinhua) -- Canada's main stock index on Friday suffered a broad-based decline due to fall of energy and financial shares as renewed U.S.-China trade tensions stoked investors worries.

The Toronto Stock Exchange's benchmark Standard & Poor's/TSX Composite Index fell 148.64 points, or 0.97 percent, to close at 15,207.41.

All of the index's 10 main industry groups tumbled.

The Canadian dollar gained 0.03 cents to 0.7833 U.S. dollar.

One of the largest decliners on the index was Aphria Inc, down 5.5 percent to 10.31 Canadian dollars, while in the health-care field, Canopy Growth lost 2.8 percent to 27.69 Canadian dollars.

Tech stocks also fell as Titan Logix declined 1.1 percent to 0.45.5 Canadian dollar, while TSO3 dropped 5.1 percent to 0.93 Canadian dollar.

Among energy stocks, Imperial Oil dipped 2 percent to 35.64 Canadian dollars while Cenovus Energy lost 1.1 percent to 11.97 Canadian dollars. Enditem