CANADA STOCKS-Oil gains help TSX close at highest since September

Thu Apr 9, 2015 4:47pm EDT
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* TSX up 112.71 points, or 0.74 percent, at 15,326.31

* All 10 of the index's main sectors advance

* Energy stocks up 1.5 percent, financials up 0.7 percent

By Alastair Sharp

TORONTO, April 9 (Reuters) - Canada's main stock index notched its sixth straight gain and its highest close since September on Thursday, led up by big banks and industrial and energy shares.

Oil and gas shares were up 1.5 percent as a rise in oil prices helped some producers, while the overall long-term outlook for the sector was seen as less pessimistic.

"You've seen oversold sectors, particularly within the energy complex, starting to see some very early evidence of stability," said Sid Mokhtari, a market technician at CIBC World Markets. "People at minimum don't want to be short the complex."

Among energy winners, Suncor Energy Inc rose 1.4 percent to C$39.37, and Canadian Natural Resources advanced 1.3 percent to C$40.52.

"It's, so far, looking very good - a rebound primarily from the oil in the energy sector," said John Kinsey, portfolio manager at Caldwell Securities.   Continued...