October 27, 2011 / 1:44 PM / 6 years ago

CANADA STOCKS-TSX opens sharply higher on European debt deal

TORONTO, Oct 27 (Reuters) - Toronto’s main stock index opened sharply higher on Thursday, driven by investor relief that European policymakers reached a deal aimed at halting the region’s two-year old debt crisis.

The Toronto Stock Exchange’s S&P/TSX composite index .GSPTSE rose 229.90 points, or 1.89 percent, to 12,415.96 at the open, then extended gains. (Reporting by Jon Cook; Editing by Jeffrey Hodgson)

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