CANADA STOCKS-TSX rises 1 pct on Europe, China hopes

Tue May 22, 2012 9:39am EDT
 
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TORONTO, May 22 (Reuters) - Toronto's main stock index rose
sharply on Tuesday as resource and financial shares jumped with
hopes that European leaders would come up with a way to tackle
the region's financial crisis ahead of a meeting later this
week, and on reports China plans measures to boost sagging
growth.	
    The Toronto Stock Exchange's S&P/TSX composite index
 was up 143.50 points, or 1.3 percent, at 11,424.14
shortly after the open.