CANADA STOCKS-TSX broadly higher on U.S. Q2 GDP

Fri Aug 27, 2010 9:35am EDT
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TORONTO Aug 27 (Reuters) - Toronto's main stock index opened higher on Friday, helped by a report that showed U.S. second quarter growth was better than anticipated even though it was revised lower.

The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE gained 49.71 points, or 0.43 percent, to 11,702.89 at the opening bell. All 10 main groups were higher.

U.S. second quarter GDP was revised lower to an annual rate of 1.6 percent versus expectations of 1.4 percent. [ID:nN26193565] (Reporting by Ka Yan Ng; Editing by Jeffrey Hodgson)