Toronto stocks dived at open Friday amid selling across a variety of sectors, with the S&P/TSX Composite Index shedding 63.73 points or 0.52 percent to 12,275.12.
Among financial stocks, Scotiabank (BNS.TO), Royal Bank (RY.TO) and CIBC (CM.TO) were down around 1 percent each, while National Bank (NA.TO) was slipping 0.50 percent.
In the oil patch, Baytex Energy Corp. (BTE.TO), Pacific Rubiales Energy (PRE.TO) and Enbridge Inc. (ENB.TO) were down around 1 percent each.
Among gold plays, Royal Gold (RGL.TO), Agnico-Eagle Mines (AEM.TO) and Goldcorp. (G.TO) surrendered around 1 percent each.
Meanwhile, smart phone maker Research In Motion Ltd. (RIM.TO) surged nearly 12 percent after reporting a second-quarter loss that came in better than what the Street expected.
Software services provider NexJ Systems Inc. (NXJ.TO) rose close to 5 percent.
Electric power transmission company TransAlta Corp. (TA.TO) edged up 0.25 percent after announcing the acquisition of the Solomon power station for $318 million.
by RTT Staff Writer
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