March 13, 2020 / 1:43 PM / in 20 days

CANADA STOCKS-TSX recovers from record losses on stimulus hopes

March 13 (Reuters) - Canada’s main stock index opened higher on Friday, bouncing back from a record drop a day earlier, as investors held out for coordinated stimulus efforts to dull the economic shock from the coronavirus outbreak.

* At 9:30 a.m. ET (1330 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was up 691.62 points, or 5.53%, at 13,200.07. The index had plunged 12.3% on Thursday, its worst session ever.

Reporting by Ambar Warrick in Bengaluru; Editing by Ramakrishnan M.

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