Toronto exchange index ends losing streak

Published: Sept. 5, 2008 at 5:44 PM

TORONTO, Sept. 5 (UPI) -- The Toronto Stock Exchange's main index closed up a hair Friday, ending a three-day losing streak and one of the exchange's worst weeks on record.

The Standard & Poor's/TSX composite index closed up 2.28 points, or 0.2 percent, at 12,816.42. In earlier trading it plunged 250 points, or 2 percent.

The benchmark index lost 955 points, or nearly 7 percent, since Tuesday. The trading week was shortened because of the Labor Day holiday Monday.

The TSX Venture Exchange, based in Calgary, Alberta, fell 17.32 points, or 0.95 percent, to close at 1,812.11.

The Canadian dollar was up 0.55 cent to 94.05 U.S. cents.

© 2008 United Press International, Inc. All Rights Reserved.
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