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TSX turns negative on Manulife share issue

02/12/08

TORONTO (Reuters) - The Toronto Stock Exchange's main index turned negative on Tuesday after Manulife Financial warned that it expects to report a quarterly loss and said it will issue more than C$2 billion in new stock.

The S&P/TSX composite index was down 3.47 points, at 8,408.74 after rising as 120 points at the open.

(Reporting by Frank Pingue; editing by Peter Galloway)

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