July 21, 2008 / 3:24 PM / 10 years ago

Toronto stocks rise 1.5 percent on TransAlta, banks

TORONTO, July 21 (Reuters) - The Toronto Stock Exchange’s main index jumped more than 200 points late on Monday morning, boosted by a possible takeover of TransAlta Corp (TA.TO) and better-than-expected results from Bank of America (BAC.N).

The S&P/TSX composite index .GSPTSE was up 201.98 points, or 1.49 percent, at 13,717.94. (Reporting by Jennifer Kwan; Editing by Peter Galloway)

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