RPT-Toronto stocks slump amid global rout

Tue Oct 7, 2008 1:48am IST
 
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TORONTO, Oct 6 (Reuters) - The Toronto Stock Exchange's main index dropped more than 4 percent on Monday, as signs the financial crises was spreading to European banks sent investors in several markets running for the exists.

Energy stocks led the retreat, while a mid-morning plunge took the index to its biggest intraday loss since 1987, before it recovered later in the session.

The S&P/TSX composite index .GSPTSE unofficially ended down 466.85 points, or 4.32 percent, at 10,366.50. (Reporting by Cameron French; editing by Rob Wilson)

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