TSX falls to four-week low but posts monthly gain
Canada main index dropped 0.8 percent to its lowest level since August 6 as investors took profits ahead of a seasonally weak September. Despite the daily decline, the index secured its fifth consecutive monthly advance.
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Canada's main index fell 283.44 points, or 0.8%, to 36,270.48 on Monday afternoon, dropping to a four-week low as investors took profits. The S&P/TSX Composite Index still secured a fifth consecutive monthly advance of nearly 3%. The pullback reflects profit-taking ahead of September, historically a volatile month for global equities.
