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March 13 (Reuters) - Canada’s main stock index rose sharply on Friday, as investors clung to hopes for more global stimulus to dull the economic shock from the coronavirus outbreak.
* At 9:47 a.m. ET (1347 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was up 444.34 points, or 3.55%, at 12,952.79. The index plunged 12.3% on Thursday, its worst session ever.
* With major central banks flushing markets with liquidity, investors were now looking to additional action from the U.S. Federal Reserve, as well as the government, to stave off a possible recession.
* Financials were the top gainers, adding about 6.6%, while energy stocks also benefited from a recovery in oil prices.
* On the TSX, 199 issues were higher, while 29 issues declined for a 6.86-to-1 ratio favoring gainers, with 62.48 million shares traded.
* The largest percentage gainers on the TSX were Lightspeed Pos Inc, which jumped 13.2%, and Ero Copper Corp , which rose 13.2%.
* Pan Am Silver fell 5.5%, the most on the TSX, followed by Kinross Gold which shed 5.5%.
* The most heavily traded shares by volume were Husky Energy and Canadian Natural Resources.
* The TSX posted no new 52-week highs and three new lows.
* Across all Canadian issues, there were no new 52-week highs and 63 new lows, with total volume of 97.61 million shares.
Reporting by Ambar Warrick in Bengaluru; Editing by Ramakrishnan M.
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