Toronto's main stock index was
s lightly lower on Friday in choppy trade ahead of the U.S.
holiday weekend, as gains in resource shares were offset by
losses in the financial sector on mounting concerns about the
risk of Greece leaving the euro zone.
The worries about the impact of a potential Greek exit on
the global banking community and mixed second-quarter earnings
results from Canada's top banks sent financial shares down 0.9
percent.
Shares of Royal Bank of Canada, Canada's largest
bank, tumbled for the second straight day, falling 2.2 percent
to C$50.25 after the bank reported a 7 percent decline in
quarterly earnings on Thursday. Bank of Nova Scotia,
which reports earnings next week, fell 1.8 percent to C$50.49.
Not even a good earnings result spared Toronto-Dominion Bank
, Canada's No. 2 bank, whose shares slid 0.8 percent to
C$78.38 a day after it reported a 20.7 percent rise in quarterly
profit.
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