March 22, 2013 / 12:42 PM / in 5 years

TSX ends higher as banks rise on Cyprus deal hopes

A Toronto Stock Exchange (TSX) logo is seen in Toronto November 9, 2007. REUTERS/Mark Blinch

TORONTO (Reuters) - Canada’s main stock index advanced on Friday as hopes that Cyprus will strike a bailout deal before a looming deadline boosted financial shares and helped offset an 8 percent fall in BlackBerry (BB.TO).

The Toronto Stock Exchange’s S&P/TSX composite index .GSPTSE unofficially closed up 9.48 points, or 0.07 percent, at 12,757.35.

Reporting by John Tilak; Editing by Chizu Nomiyama

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