CANADA STOCKS-TSX dragged by banks and energy; Valeant, Home Capital surges

May 9 Canada’s main stock index fell
more than half a percent on Tuesday as bank and energy stocks
led the market lower, but Valeant Pharmaceuticals International
and Home Capital Group Inc stocks soared as
investors cheered news from the companies.

The Toronto Stock Exchange’s S&P/TSX composite index
closed down 82.88 points, or 0.53 percent, at
15,569.2. Seven of the index’s 10 key sectors lost ground.
(Reporting by Solarina Ho; Editing by Chris Reese)


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