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TSX ends down 1.2% at 20,439.87
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Financials lose 1.7%
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Energy falls 2%; oil settles 2.2% lower
(Adds details throughout, updates prices to close)
By Shristi Achar A and Fergal Smith
April 25 (Reuters) - Canada's main stock index fell on
Tuesday by the most in nearly six weeks as commodity prices fell
and investors grew more worried about the health of the U.S.
regional banking sector.
The Toronto Stock Exchange's S&P/TSX composite index ended down 236.87 points, or 1.2%, at 20,439.87, its
biggest decline since March 15, preliminary data showed.
U.S. stocks also fell as the quarterly results of some
companies raised concerns about a slowing U.S. economy and First
Republic Bank disclosed it lost more than half its deposits
during last month's banking crisis.
The Toronto market's financials sector, which accounts for 28% of the index's weighting, fell 1.7%. Energy lost 2% as oil settled 2.2% lower at $77.07 a barrel. Utilities was the only major sector to end higher, gaining 0.3%. (Reporting by Shristi Achar A in Bengaluru; Editing by Shweta Agarwal and Josie Kao)
