November 9, 2016 / 12:48 PM / a year ago

TSX rises as Trump presidency boosts energy

A TMX Group sign, the company that runs the Toronto Stock Exchange (TSX), is seen in Toronto, June 23, 2014. REUTERS/Mark Blinch/File Photo

TORONTO (Reuters) - Canada’s benchmark stock index rose on Wednesday, led by energy producers, materials and financials, as investors saw Donald Trump’s U.S. presidency favoring the oil sector and boosting economic growth.

The Toronto Stock Exchange’s S&P/TSX composite index .GSPTSE unofficially closed up 103.07 points, or 0.70 percent, at 14,759.91. Six of the index’s 10 main industry groups ended higher.

Reporting by Fergal Smith

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