CANADA STOCKS-TSX ends slightly higher on U.S. optimism

Tue Jun 8, 2010 5:23pm EDT
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* TSX up 12.44 points, or 0.1 percent, at 11,517.18

* Six out of 10 main sectors push higher

* RIM recovers to rise 1.8 percent after sell-off

(Adds details, RIM rise)

By Claire Sibonney

TORONTO, June 8 (Reuters) - Toronto's main stock index ended little changed on Tuesday after a volatile day, as optimism over the state of the U.S. economy countered festering worries over Europe's fiscal health.

On the leaderboard, Teck Resources TCKb.TO soared 5.1 percent to C$32.73, Royal Bank of Canada (RY.TO: Quote) rebounded to end 0.8 percent higher at C$52.89, while Suncor Energy (SU.TO: Quote) rose 0.5 percent to C$31.95.

Among the heavyweight decliners, Barrick Gold Corp (ABX.TO: Quote) cut gains to end 0.7 percent lower at C$45.49, while Potash Corp (POT.TO: Quote) dropped 2.5 percent to C$98.74.

"The market has been tough lately ... on a day when gold and oil and the U.S. is climbing, I have no idea what's holding us back," said Barry Schwartz, vice president and portfolio manager at Baskin Financial Services.   Continued...