Toronto stock index up 100 points, gets RBC lift
TORONTO, May 14 (Reuters) - The Toronto Stock Exchange's main index advanced more than 100 points on Wednesday morning, with Royal Bank of Canada (RY.TO) leading the way in a relief rally after it detailed current market conditions and the writedowns it expects to take in the second quarter.
The S&P/TSX composite index .GSPTSE was up 100.01 points, or 0.68 percent, at 14,716.71.
($1=$1.00 Canadian) (Reporting by Jonathan Spicer; Editing by Peter Galloway)
© Thomson Reuters 2009 All rights reserved
Citadel enters the fray
Kenneth Griffin's powerful hedge fund has waded into the case of Goldman Sachs' purloined computer code, suing three of its former employees for setting up Teza Technologies. Full Article | Full Coverage
