CANADA STOCKS-TSX rides M&A and oil prices to 4-week high

Mon Apr 4, 2011 4:04pm EDT
 
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TORONTO, April 4 (Reuters) - Toronto's main stock index closed at its highest level in over four weeks on Monday, as a new wave of take over bids boosted miners, while rising oil prices benefited energy stocks.

The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE unofficially closed up 88.20 points, or 0.62 percent, at 14,218.35. It was the index's highest closing level since March 4. (Reporting by John McCrank; editing by Rob Wilson)