CANADA STOCKS-TSX turns higher as IMF report buoys sentiment

Wed Jul 8, 2009 10:24am EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

TORONTO, July 8 (Reuters) - Toronto's main stock index turned higher on Wednesday morning as an International Monetary Fund report that said the global economy is starting to pull out of recession offset the drag from lower commodity prices.

At 10:16 a.m. (1416 GMT) the S&P/TSX composite index .GSPTSE was up 5.63 points at 9,849.98 after falling 71.53 points to 9,772.82 earlier in the session. (Reporting by Frank Pingue; editing by Peter Galloway)