CANADA STOCKS-TSX storms higher on energy rally

Mon Jan 31, 2011 4:12pm EST
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

TORONTO Jan 31 (Reuters) - Toronto's main stock index touched its highest level since September 2008 on Monday as the uprising in Egypt sparked a jump in the price of oil and a rally in energy shares.

The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE unofficially closed up 114.41 points, or 0.85 percent, at 13,551.99. Eight of the index's 10 sectors were higher, led by a 2.74 percent climb in the oil and gas group. The index hit a high of 13,588.47 during the day, its highest point since Sept. 2, 2008. (Reporting by Ka Yan Ng; editing by Peter Galloway)