Toronto stocks surge at open on central bank moves

Wed Dec 12, 2007 9:42am EST
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TORONTO Dec 12 (Reuters) - Toronto stocks surged more than 200 points at the open on Wednesday, reversing the previous day's steep decline, as major central banks stepped in to relieve the global credit crunch.

The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was up 208.48 points, or 1.5 percent, at 13,932.19. ($1=$1.00 Canadian) (Reporting by Scott Anderson; Editing by Ka Yan Ng)