Toronto stocks dive on credit woes, resources

Mon Mar 17, 2008 4:03pm EDT
 
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TORONTO, March 17 (Reuters) - The Toronto Stock Exchange's main index trimmed earlier losses on Monday but still ended sharply lower as it was battered by the latest fallout from the global credit crisis and weighed down by weak resource shares.

The S&P/TSX composite index .GSPTSE unofficially closed down 303.75 points, or 2.29 percent, at 12,949.09. (Reporting by Leah Schnurr; Editing by Peter Galloway)