TSX Closes Up Near 60 Pts On Canada CPI, Reports of German Approval For ECB

Canada's main stock market extended gains Friday, a day after itbreached the 12,000 level for the first time since early May,buoyed by domestic and European economic news. It closed up nearly 60 points at day highs.On the home front, the relative health of the Canadian economywas highlighted as Statistics Canada revealed early today theconsumer price index advanced 1.3% in July from a year ago,