January 21, 2015 / 3:14 PM / 3 years ago

CANADA STOCKS-TSX jumps after Bank of Canada cuts interest rates

TORONTO, Jan 21 (Reuters) - Canada’s main stock index climbed on Wednesday after the Bank of Canada cut its benchmark rate in a surprise move to counter the effects of cheaper oil on economic growth, sending most major sectors, including the energy group, higher.

The Toronto Stock Exchange’s S&P/TSX composite index was up 164.22 points, or 1.19 percent, at 14,572.66. (Editing by Amran Abocar)

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