CANADA STOCKS-TSX rallies to 2-year high on record gold

Mon Nov 8, 2010 4:10pm EST
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

TORONTO Nov 8 (Reuters) - Toronto's main stock index hit a a two-year peak on Monday, closing above 13,000 for the first time since Sept. 2008, as gold miners rallied sharply after the price of bullion powered to an all-time high above $1,400 an ounce.

The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE closed up 127.37 points, or 0.99 percent, at 13,052.48. It was the index's highest closing level since Sept. 3, 2008. (Reporting by Claire Sibonney; editing by Jeffrey Hodgson)