CANADA STOCKS-TSX rises as oil and gold shares rally

Fri Jan 30, 2015 4:46pm EST
 
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* TSX up 36.20 points, or 0.25 percent, at 14,673.48

* Five of the 10 main index sectors advance

* Eldorado falls 13.1 percent on Greek opposition to mine

* Canadian Oil Sands jumps on moves to combat oil's drop

By John Tilak

TORONTO, Jan 30 (Reuters) - Canada's main stock index edged higher on Friday as a jump in oil and bullion prices pushed up gold-mining and energy shares, overcoming a decline in financial stocks following sluggish U.S. economic data.

U.S. economic growth slowed in the fourth quarter, following two quarters of strong growth, government data showed.

A 13.1 percent drop in Eldorado Gold also weighed on the market. The stock fell after Greece's new left-wing government said it is firmly opposed to the Canadian company's plan for a gold mine in the country.

The benchmark TSX index declined over the week but ended January slightly higher. Market volatility shot up during the month.   Continued...