CANADA STOCKS-TSX closes up 4 percent as bank stocks surge

Tue Mar 10, 2009 4:05pm EDT
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TORONTO, March 10 (Reuters) - Toronto's main stock index rose 4 percent on Tuesday to close at its highest level in over two weeks as upbeat news out of the U.S. financial sector lit a fire under bank issues.

The S&P/TSX composite index .GSPTSE unofficially closed up 312.49 points, or 4.13 percent, at 7,879.43. (Reporting by Frank Pingue; editing by Rob Wilson)