Toronto stock index gains momentum on resources

Mon Oct 20, 2008 1:43pm EDT
 
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TORONTO Oct 20 (Reuters) - The Toronto Stock Exchange's main index rose 4.2 percent in a broad rally in midafternoon dealings on Monday as energy and materials sectors gained momentum on higher commodity prices.

The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE gained 405.07 points, or 4.24 percent, to 9,967.56.

($1=$1.19 Canadian) (Reporting by Ka Yan Ng; Editing by Peter Galloway)