CANADA STOCKS-TSX rallies 1 percent on bank optimism

Mon Mar 16, 2009 10:31am EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

TORONTO, March 16 (Reuters) - Toronto's main stock index rose 1 percent on Monday, led higher by strength in financials issues on hope that the U.S. banking sector is stabilizing.

The S&P/TSX composite index .GSPTSE was up 85.82 points, or 1.03 percent, at 8,389.21. (Reporting by Jennifer Kwan; Editing by Jeffrey Hodgson)