CANADA STOCKS-TSX surges more than 2 pct at open after China rate cut

Tue Aug 25, 2015 9:42am EDT
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TORONTO Aug 25 (Reuters) - Canada's main stock index surged at the open on Tuesday, jumping more than 2 percent after China announced a rate cut overnight following Monday's volatile global rout.

The Toronto Stock Exchange's S&P/TSX composite index rallied 300.91 points, or 2.31 percent, to 13,353.65. All 10 of the index's key sectors advancing more than 1 percent, with energy stocks bouncing more than 3 percent. (Reporting by Solarina Ho; Editing by Chizu Nomiyama)