CANADA STOCKS-TSX hits seven-month high as oil shares rally

Mon Jun 1, 2009 9:37am EDT
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TORONTO, June 1 (Reuters) - Toronto's main stock index shot higher at the open on Monday in a broad-based rally, reaching its highest level in more than seven months, as a surge in oil prices helped light a fire under the energy sector.

The S&P/TSX composite index .GSPTSE rose 156.49 points, or 1.51 percent, to 10,526.56 at the open, which marked its highest level since Oct. 14. All 10 TSX sectors were higher. (Reporting by Frank Pingue; Editing by Jeffrey Hodgson)