TORONTO: Toronto's main stock index rallied on Thursday, led higher by financial issues on strong second-quarter bank earnings and as oil and gold firms pared losses after a report of possible plans to help Spain deal with its banking crisis.
The Toronto Stock Exchange's S&P/TSX composite index unofficially closed up 78.58 points, or 0.7 percent, at 11,511.80. The index still fell 6.3 percent in May, its largest monthly drop since September.
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