Toronto's main stock index rose for the third week in a row, bringing some measure of relief to weary investors. The resource-laden S&P/TSX composite index gained 253.17 points or 2.9 percent during the March 24-30 reporting period to close at 8,596.22. The index touched its highest level in more than six weeks on March 26, but closed down 3 percent on March 30, following news that a U.S. presidential task force had rejected restructuring plans put forth by General Motors and Chrysler. Investors hoping for a moderation in bad news will have to be patient. The Capped Metals and Mining index fell 4.97 points, or 1.4 percent , to close the week at 345.46.
展开▼
