CANADA STOCKS-TSX up on rebound in energy issues; gold rise

Wed Apr 1, 2009 10:44am EDT
 
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* TSX up 1.05 percent at 8,811.85

* Stronger gold price boosts miners

* Market focuses on G20 meeting in London

(Adds details, quotes)

By Jennifer Kwan

TORONTO, April 1 (Reuters) - Toronto's main stock index rose on Wednesday after a choppy start, as strength in materials issues on higher bullion prices overcame earlier pressure from weak oil prices and grim U.S. private-sector jobs data.

Investors were also firmly focused on the Group of 20 meeting to tackle the global economic crisis.

At 10:15 a.m. (1415 GMT), the S&P/TSX composite index .GSPTSE was up 91.46 points, or 1.05 percent, at 8,811.85, with seven of its 10 main groups higher.

The market dropped more than 1 percent at the outset of trading, hurt by data showed job losses in the U.S. private sector accelerated in March. [ID:nN01466951]   Continued...