June 29, 2012 / 1:48 PM / 5 years ago

CANADA STOCKS-TSX rises on EU summit surprise; RIM tumbles

TORONTO, June 29 (Reuters) - Canada’s main stock index jumped at the open on Friday as commodity-linked shares rose on news euro zone leaders agreed to allow rescue funds to be used to stabilize the region’s banks, offsetting a sharp drop in Research in Motion Ltd.

The Toronto Stock Exchange’s S&P/TSX composite index was up 164.73 points, or 1.44 percent, at 11,589.43 shortly after the open.

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