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* TSX rises 0.25 percent to 13,932.72
* Celestica jumps 4 pct after earnings
* 5 of 10 sectors advance, led by materials on gold record (Adds details)
By Ka Yan Ng
TORONTO, April 21 (Reuters) - Toronto's main stock index rose modestly on Thursday morning, buoyed by strong North American corporate earnings and a push into commodities.
Spurred by a record-high gold price, gold miners were among the top risers and helped the index jump to its highest level in more than a week. A moderate rise in the price of oil helped the index's energy group advance 0.54 percent.
The index's materials sector, home to gold-mining issues, was up 0.65 percent, with Barrick Gold (ABX.TO) the heavyweight riser, up 0.5 percent at C$52.57. Goldcorp (G.TO) added 0.7 percent to C$52.85, while diversified miner Teck Resources TCKb.TO pushed up 2.39 percent to 53.94.
Investors were also encouraged by the pace of the economic recovery in the United States, cheering strong earnings and outlooks from companies such as General Electric Co, Morgan Stanley, and Apple Inc.
But the enthusiasm was tempered by government data that showed new U.S. claims for unemployment benefits, despite falling last week, held above the key 400,000 level.
Celestica shares (CLS.TO) jumped more than 4 percent to C$10.48 after the contract electronics maker's quarterly results topped estimates, and the company said it would buy certain operations of diversified manufacturer Brooks Automation. [ID:nL3E7FL26Q]
Canadian Pacific Railway (CP.TO) dipped 0.12 percent to C$60.20 after it reported a 67 percent drop in quarterly profit as harsh winter weather hampered train operations. [ID:nL3E7FL2GQ]
"We're still waiting to hear the bulk of what's going to happen with the Canadian earnings, but it seems we're going to be set up for very, very nice earnings season," said Barry Schwartz, vice president and portfolio manager at Baskin Financial Services.
"Commodity prices remain strong, oil prices are high and the Canadian economy seems to be on a roll."
At 10:42 a.m. (1442 GMT), the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was up 35.24 points, or 0.25 percent, at 13,932.72.
Half of the index's 10 main groups were higher.
The market will be shut on Friday for Good Friday.
$1=$0.95 Canadian Reporting by Ka Yan Ng; editing by Peter Galloway