CANADA STOCKS-TSX ends higher as Bank of Canada lifts banks
TORONTO, Oct 22 (Reuters) - Toronto's main stock index finished higher on Thursday as investor optimism buoyed financial issues after the Bank of Canada said the domestic economy is recovering faster than expected.
The central bank cautioned challenges lay ahead, but investors took the opportunity to pile into banks and insurance issues, with all five big Canadian banks in the top 10 notable advancers.
The S&P/TSX composite index .GSPTSE unofficially closed up 87.44 points, or 0.76 percent, at 11,529.46. (Reporting by Ka Yan Ng; editing by Peter Galloway)
© Thomson Reuters 2016 All rights reserved.