CANADA STOCKS-Energy, materials and financials underpin TSX rally

Tue Oct 6, 2015 11:55am EDT
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(Adds market reaction, commodity prices, details)

* TSX up 135.11 points, or 1 percent, at 13,687.31

* Seven of the TSX's 10 main groups are down

TORONTO, Oct 6 (Reuters) - Canada's main stock index rallied on Tuesday, with heavily weighted financials and resource stocks carrying most of the gains on the back of higher commodity prices.

Oil and gas stocks were bolstered by a more than 3 percent rise in crude prices, while firmer gold prices contributed to gains in the materials group, home to mining and other resource companies.

The most influential mover on the index was Canadian Natural Resources, which rose 3.6 percent to C$29.20. Crescent Point Energy surged 10.7 percent to C$19.50, and energy stocks climbed 3.6 percent overall.

At 11:30 a.m. EDT (1530 GMT), the Toronto Stock Exchange's S&P/TSX composite index was up 135.11 points, or 1 percent, at 13,687.31.

Only three of the 10 main sectors - financials, energy and materials - were in positive territory, but they account for roughly two-thirds of the index's weight.

Advancing issues outnumbered declining ones on the TSX, for a 1.88-to-1 ratio on the upside.   Continued...