CANADA STOCKS-TSX rises as banks and energy stocks gain

Thu Sep 15, 2016 10:22am EDT
 
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(Adds details on specific stocks, updates prices)

* TSX up 85.97 points, or 0.6 percent, to 14,452.43

* Nine of the TSX's 10 main groups gain; materials slip

TORONTO, Sept 15 (Reuters) - Canada's main stock index rose on Thursday as financials and energy stocks led gains, despite crude prices turning negative and investors jitters about next steps for central banks.

At 10:06 a.m. EDT (1406 GMT), the Toronto Stock Exchange's S&P/TSX composite index rose 85.97 points, or 0.6 percent, to 14,452.43.

The index had lost around 3 percent of its value since last Thursday's close.

Nine of the index's 10 main groups were in positive territory, with more than 3 advancers for every decliner.

The materials group, which includes precious and base metals miners and fertilizer companies, lost 0.9 percent.

Gold miners were among the biggest weights, with Goldcorp Inc down 1.8 percent to C$20.41 and Yamana Gold Inc falling 2.7 percent to C$5.74.   Continued...