REFILE-CANADA STOCKS-TSX rides gold miners to higher close
(Deletes extra word in headline)
* Index closes up 1.7 percent at 8,011.02
* Gold miners lead gains, financials also rise
* Lower oil prices hit energy shares (Adds details, comments, official numbers)
By Frank Pingue
TORONTO, March 11 (Reuters) - Toronto's main stock index closed higher for a second straight session on Wednesday, as rising bullion prices helped lift gold-mining issues, which more than offset a weaker energy sector.
The materials group, which makes up about 20 percent of the index and is home to major gold-mining companies, rallied 5 percent to lead all other sectors and allowed the TSX to add another 130 points to Tuesday's 300-point gain.
Shares of Barrick Gold (ABX.TO: Quote), the biggest contributor to the index's gain, rose 6 percent to C$35.34, while Goldcorp G.TO followed with a jump of 5.9 percent to C$36.00.
The surge in shares of gold-mining stocks came as the price of gold bounced back above $900 an ounce, due partly to safe-haven buying as economic fears lingered. Continued...