Toronto stocks dive on RIM, US bailout concerns

Fri Sep 26, 2008 4:07pm EDT
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TORONTO, Sept 26 (Reuters) - The Toronto Stock Exchange's main index dove more than 3 percent on Friday, battered by a steep selloff in Research In Motion, tumbling resource shares, and continuing uncertainty surrounding the U.S. financial bailout plan.

The S&P/TSX composite index .GSPTSE unofficially closed down 389.62 points, or 3.11 percent, at 12,156.89. (Reporting by Leah Schnurr; Editing by Peter Galloway)