CANADA STOCKS-TSX rises to 1-week high in broad rally; BlackBerry jumps

Thu Jun 1, 2017 4:56pm EDT
 
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(Adds portfolio manager quotes, details on U.S. jobs data; updates prices)

* TSX ends up 120.00 points, or 0.78 percent, at 15,469.91

* Index posts its highest close since May 23

* Eight of the TSX's 10 main groups end higher

By Fergal Smith

TORONTO, June 1 (Reuters) - Canada's main stock index rose on Thursday to a more than one-week high in a broad rally led by energy and financials, while BlackBerry Ltd jumped after an influential investment firm said the technology company's stock could double.

The Toronto Stock Exchange's S&P/TSX composite index closed up 120.00 points, or 0.78 percent, at 15,469.91, its highest close since May 23.

It was buoyed by optimism that acceleration in U.S. economic growth will help the outlook for Canada's economy, said Peggy Bowie, senior trader at Manulife Asset Management.

U.S. factory activity rose in May, according to data on Thursday.   Continued...