CANADA STOCKS-TSX shrugs off weak data to move higher

Fri Jul 31, 2009 9:43am EDT
 
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 TORONTO, July 31 (Reuters) - Toronto's main stock index
turned higher on Friday morning after a lower open as investors
opted to shrug off data that showed the Canadian economy
contracted in May by more than the market had expected.
 The S&P/TSX composite index .GSPTSE was up 28.73 points,
or 0.27 percent, at 10,705.45 shortly after the open, when it
fell by as much as 50 points.
 (Reporting by Frank Pingue; editing by Peter Galloway)