TSX hits 1-1/2-month high as Bernanke reassures

18 Jul, 2013

TORONTO: Canada's main stock index advanced on Thursday to its highest level in 1-1/2 months as investors were reassured by Federal Reserve Chairman Ben Bernanke's comments that the US central bank will adopt a flexible approach about its stimulus pullback.

The Toronto Stock Exchange's S&P/TSX composite index unofficially closed up 60.08 points, or 0.48 percent, at 12,628.85. Five of the 10 main sectors on the index were higher.

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