Toronto stock index jumps 2.7 percent at open

Tue Sep 30, 2008 9:36am EDT
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

TORONTO, Sept 30 (Reuters) - The Toronto Stock Exchange's main index opened sharply higher on Tuesday as oil recovered and markets hoped a deal for a bailout for Wall Street would come soon.

On Monday, the index marked its biggest one-day percent drop in nearly eight years,

The S&P/TSX composite index .GSPTSE was up 302.23 points, or 2.68 percent, at 11,587.30 at the open. (Reporting by Jennifer Kwan; Editing by Peter Galloway)