CANADA STOCKS-Key index gets lift from commodities, Fed cut

Wed Oct 29, 2008 4:11pm EDT
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TORONTO Oct 29 (Reuters) - The Toronto Stock Exchange's main index climbed more than 3 percent on Wednesday as energy and materials issues rose on higher commodity prices, and on a decision by the U.S. Federal Reserve to cut interest rates to try to jolt a sluggish global economy.

The S&P/TSX composite index .GSPTSE unofficially closed up 318.34 points, or 3.48 percent, at 9,469.97. (Reporting by Jennifer Kwan; editing by Rob Wilson)