CANADA STOCKS-TSX hits 3-week high on stimulus hopes
Posted on July 27, 2012 at 11:18 AM EDT
* TSX up 89.74 pts, or 0.8 pct, at 11,729.49 * Index at highest level since July 6 * Financial, energy shares lead gains * Hopes of ECB, Fed stimulus moves boost markets * Progress Energy Resources up 12 pct on takeover bid By Jon Cook TORONTO, July 27 (Reuters) - Canada's main stock index touched a three-week high on Friday, led by financial and energy shares, as risk sentiment was boosted by fresh hopes that major central banks in the U.S. and Europe will move to help