CANADA STOCKS-TSX drops nearly 4 pct, below 8,000

Thu Dec 4, 2008 3:44pm EST
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TORONTO Dec 4 (Reuters) - The Toronto Stock Exchange's main index tumbled more than 300 points late on Thursday afternoon on weakness in energy issues as oil prices dropped on fears a gloomy world economic outlook will hit demand.

The S&P/TSX composite index .GSPTSE was down 306.86 points, or 3.7 percent, at 7,990.10. (Reporting by Ka Yan Ng; editing by Peter Galloway)