Toronto stocks soar on financial rescue plans

Fri Sep 19, 2008 4:09pm EDT
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TORONTO, Sept 19 (Reuters) - The Toronto Stock Exchange's main index soared to its biggest gain since 1987 on Friday as a series of U.S.-led moves to shore up the global financial system sparked a rally across all stock sectors.

The S&P/TSX composite index .GSPTSE unofficially closed up 776.99 points, or 6.44 percent, at 12,841.56, marking the biggest one-day percentage gain since the aftermath of the October 1987 stock market crash. (Reporting by Cameron French; Editing by Peter Galloway)