CANADA STOCKS-TSX down 300 points late in session

Thu Dec 11, 2008 3:44pm EST
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TORONTO Dec 11 (Reuters) - Toronto's main stock index was down more than 300 points late in the session on Thursday in a broad-based skid headed by EnCana Corp (ECA.TO: Quote) after it cut its capital budget.

At 3:39 p.m. (2039 GMT), the S&P/TSX composite index .GSPTSE was down 302.61 points, or 3.5 percent, at 8,331.39, with all 10 of its subindexes lower. (Reporting by Frank Pingue; editing by Peter Galloway)