Nortel Sinks Canada Shares

Europe markets end higher; Asia markets finish mixed

Canada's benchmark TSE 300 left the session on a negative note, declining 42.41 points, or 0.51%, to 8,258.80. Key stock Nortel was a huge drag, contributing to almost all the decline on the index. Technology and financials were the biggest losers. The oil and gas sector, as well as the metal and mineral sector, held up well. TSE 300 market breadth was 143-141 negative.

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