March 8, 2012 / 8:14 PM / 5 years ago

CANADA STOCKS-TSX hits 1 pct as Greek hopes boost shares

1 Min Read

TORONTO, March 8 (Reuters) - Toronto's main stock index extended gains on Thursday afternoon, rising 1 percent as financial and resource issues climbed on optimism that Greece would clinch a private debt swap and avoid a chaotic default.

The Toronto Stock Exchange's S&P/TSX composite index was up 123.40 points, or 1 percent, at 12,473.56, heading toward its biggest single-day jump in more than two weeks.

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