UPDATE 2-Toronto stocks soar on commodity strength

Wed Apr 16, 2008 3:27pm EDT
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

(Updates to late afternoon)

TORONTO, April 16 (Reuters) - The Toronto Stock Exchange's main index surged on Wednesday, boosted by rising commodities, while shares of fertilizer companies benefited from a spike in the price of potash exports to China.

Potash Corp of Saskatchewan (POT.TO: Quote) and Agrium (AGU.TO: Quote) were among the biggest movers on the index, jumping to record highs after Chinese importers agreed to pay more than triple what they did a y