CANADA STOCKS-Oils, banks extend TSX rally

Thu May 28, 2009 10:55pm IST

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TORONTO, May 28 (Reuters) - Toronto's main stock index shot up 2 percent on Thursday afternoon, as energy shares climbed with higher oil prices and financial issues gained as quarterly earnings from big banks topped expectations.

The S&P/TSX composite index .GSPTSE was up 202.36 points, or 2.0 percent, at 10,344.52. (Reporting by Jennifer Kwan; editing by Rob Wilson)

Hoardings alongside Nakheel's Waterfront construction site at Jebel Ali in Dubai November 26, 2009. REUTERS/Steve Crisp

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France's President Nicolas Sarkozy (L-R), Germany's Chancellor Angela Merkel and Denmark's Prime Minister Lars Lokke Rasmussen hold a news conference in Brussels in this November 19, 2009 file photo on the Copenhagen climate conference. REUTERS/Sebastien Pirlet

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