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bluenoser

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Let's shoot for 12 months ago...

posted on May 06, 2009 11:14AM

TSX back where it was 6 months ago

Last Updated: Wednesday, May 6, 2009 | 2:46 PM ET Comments0 Recommend6

CBC News

Three-month track of the TSX composite index

A rise of more 200 points Wednesday pushed the Toronto Stock Exchange composite index over 10,000 for the first time in six months.

The S&P/TSX index was up nearly 239 points at 10,119 in mid-afternoon trading.

The strength was widespread, with more than two issues advancing for every one that is down.

The index last closed over 10,000 on Nov. 4, when it ended at 10,116.

The move through 10,000 was given a big boost Monday, when better-than-expected U.S. data on construction spending and home sales pushed the index up 373 points, the biggest one-day gain this year.

But even at 10,119, the index is still more than 4,200 points below the May 6, 2008 close. It ended that day at 14,414.

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