CANADA STOCKS-TSX rises to near 2016 high, led by banks

Mon Jul 11, 2016 4:16pm EDT
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TORONTO, July 11 (Reuters) - Canada's benchmark stock index closed higher on Monday, boosted by financial stocks as investors bet on several global developments and a stronger U.S. economy helping the growth-sensitive index.

The Toronto Stock Exchange's S&P/TSX composite index unofficially closed up 102.04 points, or 0.72 percent, at 14,361.88 after hitting 14,415.48 in earlier trade. Its highest level so far this year was 14,450.91 notched on June 8. (Reporting by Alastair Sharp, editing by G Crosse)