CANADA STOCKS-TSX opens up on Fed boost despite Potash

Thu Nov 4, 2010 9:37am EDT
 
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TORONTO Nov 4 (Reuters) - Toronto's main stock index shot higher in opening trade on Thursday as commodity prices rallied on the U.S. Federal Reserve's plans for more monetary easing, which overshadowed Canada's decision to block a takeover bid for Potash Corp. (POT.TO: Quote).

The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE opened up 4.88 points at 12,676, and then rose more than 1 percent. (Reporting by Claire Sibonney; editing by Peter Galloway)