CANADA STOCKS-TSX rises, buoyed by resource and energy gains

Wed Dec 28, 2016 10:45am EST
 
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* TSX up 79.65 points, or 0.52 percent, to 15,407.8

* Five of the TSX's 10 main groups were up

TORONTO Dec 28 (Reuters) - Canada's main stock index rose in morning trading on Wednesday, mirroring global stock market gains, as resource and energy stocks helped lead the market higher.

Trading, which resumed after a long Christmas break, is expected to be lighter than usual, however, due to the holiday shortened work week.

The most influential movers on the index included Barrick Gold, which rose 2.6 percent to C$20.21, and Potash Corp, which advanced 2.3 percent to C$24.95.

The overall materials group, which includes precious and base metals miners and fertilizer companies, added 2.8 percent.

Canadian National Railway was also a key market mover, advancing 1.2 percent to C$92.62. Industrials rose 0.2 percent.

At 10:26 AM ET (1526 GMT), the Toronto Stock Exchange's S&P/TSX composite index rose 79.65 points, or 0.52 percent, to 15,407.8.

Of the index's 10 main groups, half were in positive territory.   Continued...