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Markets

TSX rallies as EU hopes drive commodities higher

Published Updated

 TORONTO: Toronto's main stock index ended a volatile week of trading up more than 1 percent on Friday as commodity prices rose on renewed investor optimism that Europe is taking steps to deal with its debt crisis.

The Toronto Stock Exchange's S&P/TSX composite index unofficially closed up 167.98 points, or 1.4 percent, at 12,276.85.

Copyright Reuters, 2011

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