November 20, 2008 / 9:11 PM / 9 years ago

CANADA STOCKS-TSX sinks 9 pct on oil, TD warning

TORONTO, Nov 20 (Reuters) - Toronto Stock Exchange’s main index sank to its lowest level in five years on Thursday as an earnings warning from Toronto-Dominion Bank (TD.TO) pressured the financials group and the price of crude slid below $50.

The S&P/TSX composite index .GSPTSE unofficially closed down 756.04 points, or 8.9 percent, at 7,734.52. (Reporting by Jennifer Kwan; Editing by Peter Galloway)

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