11-08-2015 22:43 via news.yahoo.com

TSX slips as China devaluation hits resource shares

By Alastair Sharp TORONTO (Reuters) - Canada's resource-laden main stock index fell back on Tuesday, as oil and mining stocks were hit by a rout in commodity prices following China's unexpected move to devalue its currency. The Toronto Stock Exchange's S&P/TSX composite index sank as much as 1.4 percent before paring those losses to close down 51.72 points, or 0.36 percent, at 14,414.67. The People's Bank of China devalued the yuan by nearly 2 percent overnight in China&#
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