REFILE-Toronto stock index dives 300 points at open

Mon Oct 6, 2008 9:44am EDT
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(Refiles to clarify first paragraph)

TORONTO Oct 6 (Reuters) - The Toronto Stock Exchange's main index tumbled at the open on Monday as investors worried about the global credit crisis, a brokerage forecast a recession in Canada, and the price of oil fell.

The S&P/TSX composite index .GSPTSE fell 308.17 points, or 2.85 percent, to 10,495.18 after the market open.

($1=$1.09 Canadian) (Reporting by Ka Yan Ng; Editing by Peter Galloway)