July 21, 2008 / 1:44 PM / 9 years ago

Toronto stocks rise 1 pct at open on TransAlta bid

1 Min Read

TORONTO, July 21 (Reuters) - Toronto's main stock market index jumped 1 percent at the open on Monday as a takeover bid for TransAlta Corp (TA.TO) and stronger-than-expected results from Bank of America (BAC.N) soothed worries over the global credit crunch.

Just after the open, the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was up 129.75 points, or 1 percent, at 13,645.71. ($1=$1.00 Canadian) (Reporting by Scott Anderson; Editing by Bernadette Baum)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below