13.11.2015 22:34:31
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Canadian Stocks Fall For Eigth Day In A Row -- Canadian Commentary
(RTTNews) - Canadian stocks finished a brutal week with another loss Friday, as weakness in the financial sector offset rebounding energy stocks.
On Thursday, the S&P/TSX composite index lost 51.78 points points, or 0.39%, to close at 13,075.40, running its losing skid to eight sessions.
Energy stocks rose more than 1% even though crude oil prices continued to fall toward $40 a barrel amid demand concerns and rising U.S. inventories.
In merger news, Gran Tierra Energy Inc. (GTE.OB, GTE.TO) acquired Petroamerica Oil Corp. (PTA.V) Grand Tierra was down 6.5%.
![](https://images.finanzen.at/images/unsortiert/wertpapierdepot-absichern-aktienchart-boerse-750493204-260.jpg)
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