July 14, 2008 / 1:09 PM / in 9 years

Toronto stocks climb as resources offset financials

<p>A Toronto Stock Exchange (TSX) logo is seen in Toronto November 9, 2007. REUTERS/Mark Blinch</p>

TORONTO (Reuters) - The Toronto Stock Exchange’s main index ended higher on Monday as acquisition activity in the energy sector helped offset slumping financials amid nervousness over more fallout from the credit crunch.

The S&P/TSX composite index .GSPTSE unofficially closed up 29.18 points, or 0.21 percent, at 13,738.28.

Reporting by Leah Schnurr; Editing by Peter Galloway

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