MD: TSX, commodities higher as survey raises hopes for Greek pro-bailout parties
TORONTO - The Toronto stock market is higher with sentiment improved by weekend polls indicating Greeks want to stay in the eurozone.
The S&P/TSX composite index gained 51.84 points to 11,628.31.
The Canadian dollar rose 0.46 of a cent to US$97.59 cents US.
U.S. markets were closed for the Memorial Day holiday.
Surveys showed Greece's New Democracy party came first in all six opinion polls published on the weekend. That party backs the tough austerity measures that have made it possible for the country to exist on international bailouts.
The survey results were released three weeks before Greeks return to the polls after May election results proved inconclusive. But markets were unnerved after political parties opposed to the bailout terms received unexpectedly high support, raising worries that Greece could exit the eurozone.
