CANADA STOCKS-Greece hopes lift TSX to biggest gain in 2 weeks
* TSX ends up 111.77 points, or 0.91 pct, at 12,461.93
* Eight of 10 sectors stronger
* BoC holds rates, outlook brightens
* Greece moves closer to finalizing bond swap
By Claire Sibonney
TORONTO, March 8 (Reuters) - Toronto's main stock index closed sharply higher on Thursday, posting its biggest gain in more than two weeks as financial and resource issues climbed on signs that Greece would finalize a private debt swap and avoid a chaotic default.
Greece pushed through a bond swap offer to private creditors after clearing the minimum 75 percent threshold of acceptance, moving closer to securing the 130 billion euro bailout fund it needs to avert a default.
Expectations of a solid U.S. employment report for February on Friday also fueled appetite for oil and other growth-sensitive commodities, spurring rises in economically sensitive sectors on the Toronto index. The energy group was up 1 percent and financials were up 1.2 percent. Continued...