CANADA STOCKS-Index slides more than 5 pct as commodities dive

Wed Nov 12, 2008 3:06pm EST
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TORONTO Nov 12 (Reuters) - The Toronto Stock Exchange's main index .GSPTSE fell more than 5 percent on Wednesday afternoon in a broad decline led by the energy and materials groups, which sank as commodity prices were pressured by demand concerns fueled by economic gloom.

The S&P/TSX composite index .GSPTSE was down 503.67 points, or 5.34 percent, at 8,920.33. All 10 components of the index were lower. (Reporting by Ka Yan Ng; editing by Rob Wilson)