Toronto stock index rebounds, up 100 points

Fri Jan 18, 2008 9:38am EST
 
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TORONTO Jan 18 (Reuters) - The Toronto Stock Exchange's main index bounced up more than 100 points on Friday, catching a break after a three-day plunge, as resource stocks led a broad rally fueled by bargain hunting.

The S&P/TSX composite index .GSPTSE was up 104.56 points, or 0.8 percent, at 12,900.19 with all of its sectors in positive territory. It had fallen 6.6 percent in the previous three days as fears of a U.S. recession took hold.

($1=$1.02 Canadian)

(Reporting by Jonathan Spicer; Editing by Renato Andrade)