Bloomberg News

Canadian Stocks End Six-Day Winning Streak; CML Healthcare Drops

January 16, 2013

Canadian stocks fell for the first time in seven days after the World Bank cut its global growth forecast.

CML Healthcare Inc. (CLC) slid 2.8 percent for the biggest drop in the Standard & Poor’s/TSX Composite Index after the company said it will sell its diagnostic imaging business. Labrador Iron Ore Royalty Corp. and Capstone Mining Corp. led declines in the Canadian equity benchmark.

The S&P/TSX fell 42.45 points, or 0.3 percent, to 12,599.52 at 10 a.m. in Toronto. Nine of the 10 industries in the index declined.

To contact the reporter on this story: Leslie Picker in New York at

To contact the editor responsible for this story: Lynn Thomasson at

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