Toronto stocks charge higher in broad-based rally

Fri Jun 13, 2008 4:07pm EDT
 
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TORONTO, June 13 (Reuters) - The Toronto Stock Exchange's main index shot higher on Friday, rallying back from a losing streak as optimism over the latest U.S. inflation data prompted bargain hunting.

The S&P/TSX composite index .GSPTSE unofficially closed up 178.35 points, or 1.22 percent, at 14,780.94. (Reporting by Leah Schnurr; editing by Rob Wilson)