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.
"It looks like they're going to get enough people to accept with gritted teeth the haircut that they're forcing on them," said Gavin Graham, president at Graham Investment Strategy. Continued...