December 8, 2008 / 8:44 PM / 9 years ago

CANADA STOCKS-TSX shoots 500 points higher

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TORONTO, Dec 8 (Reuters) - Toronto's main stock index was up more than 500 points late Monday afternoon as a rebound in oil prices helped spark a broad-based rally in the resource-heavy index

At 3:32 a.m. (2032 GMT), the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was up 500.37 points, or 6.16 percent, at 8,617.40, with all of its 10 main sectors higher. (Reporting by Frank Pingue; editing by Rob Wilson)

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