CANADA STOCKS-Banks and golds lead TSX to broad gain
* TSX climbs 0.46 percent to 12,059.57
* Financials rise as TD closes out banking results season
* Key U.S. nonfarm payrolls report awaited (Adds details)
TORONTO, Sept 2 (Reuters) - Toronto's main stock index climbed on Thursday morning, making broad-based follow-through gains from the previous session with the materials and financial groups leading the way.
Heavily weighted banking issues were up 0.5 percent after the last of the bank quarterly reports was released. Toronto-Dominion Bank (TD.TO: Quote) was up 0.46 percent at C$72.45 after it reported a 29 percent rise in third-quarter profit. [ID:nN01158442]
Like the other banks that make up Canada's "Big Six," TD benefited in the quarter from fewer loan defaults as the economy stabilized and the credit crisis eased.
The index's materials group rose 0.9 percent, helped by a rally in spot gold prices. Kinross Gold (K.TO: Quote) was up 1.8 percent at C$17.91, while fellow gold miner Agnico Eagle (AEM.TO: Quote) gained 1.7 percent to C$68.92. Base metal miners were also supported by stronger prices, and Teck Resources TCKb.TO rose 2.4 percent to C$38.55.
At 10:35 a.m. (1435 GMT), the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was up 55.79 points, or 0.46 percent, at 12,059.57, and working on its seventh straight day of gains after reaching its highest close in more than 15 weeks on Wednesday. Continued...