BLBG: Canadian Stocks Fall, Led by Commodity Producers, as Oil Drops
By Elizabeth Stanton
April 13 (Bloomberg) -- Canadian stocks fell, led by energy and materials producers, as crude oil declined for a fifth straight day and gold retreated from a four-month high.
Suncor Energy Inc., Canada’s largest oil company, was the biggest drag on the Standard & Poor’s/TSX Composite Index as crude slumped 1.3 percent. Barrick Gold Corp., the world’s largest bullion producer, fell almost 2 percent.
The S&P/TSX fell 73.53 points, or 0.6 percent, to 12,075.13 as of 9:43 a.m. in Toronto. The index is down about 1 percent since closing at an 18-month high on April 5.
To contact the reporter on this story: Elizabeth Stanton in New York at estanton@bloomberg.net
