CANADA STOCKS-TSX pushes higher on oil rally
(Adds strategist's comment, updated prices)
* TSX up 20.38 points, or 0.14 percent, at 14,763.71
* Oil and gas shares lead gainers, but most sectors slip
By Alastair Sharp
TORONTO, June 9 (Reuters) - Canada's main stock index rose on Tuesday after a three-session drop as a jump in oil prices pushed up energy shares in a market that otherwise continued to slump.
Telecom and cable companies, supermarket chains, airlines, healthcare and industrial names were all lower in morning trading following a drop in Asian markets.
The Toronto Stock Exchange's S&P/TSX composite index , however, was up 20.38 points, or 0.14 percent, at 14,763.71 at 10:46 a.m. EDT (1446 GMT). Seven of its 10 main sectors were lower.
Oil prices rose more than 3 percent, with Brent touching $65 a barrel as higher seasonal demand in developed economies and expectations of falling U.S. shale production reduced the impact of a large global supply overhang.
U.S. crude prices were up 3.4 percent at $60.13, while Brent crude added 3.7 percent to $65. Continued...