Toronto stocks yanked higher by resources, banks

Wed Aug 27, 2008 4:08pm EDT
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TORONTO Aug 27 (Reuters) - The Toronto Stock Exchange's main index jumped on Wednesday, as the resource and financial sectors were lifted by commodity prices and a rally by Canadian Imperial Bank of Commerce (CM.TO: Quote) after it reported lower than expected charges for the quarter.

The S&P/TSX composite index .GSPTSE unofficially closed up 235.92 points, or 1.77 percent, at 13,534.99. (Reporting by Leah Schnurr; editing by Rob Wilson)