Saturday, May 19, 2012

CANADA STOCKS-TSX hits 7-month low on global selloff

* TSX ends down 50.04 pts, or 0.4 pct, at 11,280.64
* TSX hits lowest level since Oct. 5 at 11,256.72
* Financial shares hurt by euro zone woes
* Gold miners, energy shares rise with gold, gas prices
* Disappointing Facebook debut hurts sentiment


By Jon Cook
TORONTO, May 18 (Reuters) - Canadian stocks hit a
seven-month low on Friday, erasing early mining and energy gains
as concerns about Europe's deepening debt woes and after
Facebook's disappointing market debut fuel

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