CANADA STOCKS-TSX jumps at open on Spanish austerity plan

Wed May 12, 2010 9:40am EDT
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TORONTO May 12 (Reuters) - Toronto's main stock index rose sharply at the open on Wednesday as commodities shares moved higher after Spain announced tough austerity measures, which eased fears that debt problems in euro zone countries would slow economic growth.

The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was up 125.42 points, or 1.05 percent, at 12,126.03 shortly after the open. (Reporting by Ka Yan Ng; editing by Peter Galloway)