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CANADA STOCKS-TSX opens higher on Spain hopes, U.S. data

TORONTO, Oct 11 (Reuters) - Canada's main stock index opened higher on Thursday on expectations that Spain would be pressured to seek a sovereign bailout after S&P downgraded it to just one notch above junk, and after encouraging U.S. employment data.

The Toronto Stock Exchange's S&P/TSX composite index

opened up 2.59 points to 12,215.01, before extending gains to 12,271.12.

(Reporting by Claire Sibonney; Editing by James Dalgleish)

((claire.sibonney@thomsonreuters.com)(+1 416 941 8142)(Reuters Messaging: claire.sibonney.reuters.com@reuters.net))

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Keywords: MARKETS CANADA/STOCKS