Toronto stocks plunge as confidence fades anew

Thu Oct 9, 2008 4:04pm EDT
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TORONTO Oct 9 (Reuters) - The main index of the Toronto Stock Exchange plunged almost 5 percent on Thursday as mounting gloom over the state of the economy and the U.S. financial sector sent investors fleeing the market in a broadbased rout.

In yet another volatile session, the S&P/TSX composite index .GSPTSE fell 465.80 points, or 4.63 percent, to unofficially close at 9,590.51. (Reporting by Cameron French; Editing by Peter Galloway)