CANADA STOCKS-TSX rises with banks as investors bet on rate hike

TORONTO, June 28 (Reuters) – Canada’s main stock index ended
higher on Wednesday, boosted by strong gains for the country’s
biggest banks as bond yields jumped with a more hawkish tone
from the Bank of Canada.

The Toronto Stock Exchange’s S&P/TSX composite index
unofficially closed up 74.36 points, or 0.49 percent,
at 15,355.58. The financials group, which accounts for more than
a third of the index’s weight, gained 0.9 percent.
(Reporting by Alastair Sharp; Editing by Dan Grebler)

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