CANADA STOCKS-TSX rebounds, ends higher on auto aid hopes

Fri Dec 12, 2008 4:07pm EST
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TORONTO Dec 12 (Reuters) - Toronto's key stock index ended higher on Friday as talk that the U.S. government might throw a lifeline to troubled automakers helped steer the market clear of what was shaping up to be a big loss.

The S&P/TSX composite index .GSPTSE unofficially closed up 126.01 points, or 1.5 percent, at 8,517.91, with six of its 10 subindexes ending higher. For the week, the key index ended 4.9 percent higher and reclaimed a portion of the 12.4 percent loss it suffered last week. (Reporting by Frank Pingue; editing by Peter Galloway)