CANADA STOCKS-TSX rises to highest level in nearly six months
* TSX up 30.02 pts, or 0.2 pct, at 12,731.28
* Highest close since Aug. 31, 2011
* Energy, material issues lift index
* U.S. jobless claims hold near 4-yr lows
* Euro zone contraction forecast for 2012
By Jon Cook
TORONTO, Feb 23 (Reuters) - Canadian stocks ended at their highest level in nearly six months on Thursday as oil and gas shares jumped on surging oil prices and as encouraging U.S. jobs data offset a pessimistic outlook for the euro zone economy.
Most of the index's 10 main sectors were higher, led by a 1 percent jump in oil and gas shares after Brent oil priced in euros hit a record high on Thursday on heightened tension between Iran and the West.
Suncor Energy was the biggest heavyweight gainer, rising 2.2 percent to C$36.39. Pacific Rubiales surged 7.8 percent to C$29.44 on a Royal Bank of Canada rating upgrade after the energy producer said on Thursday its Colombian oil reserves grew by 52 percent in 2011. Continued...