CANADA STOCKS-TSX soars 3 percent on energy surge
* TSX rebounds 250 points in volatile session
* Energy group leads way as oil price jumps
* All 10 of TSX's main sectors advance (Adds details, official numbers, analyst comments)
By Natalie Armstrong
TORONTO, Jan 21 (Reuters) - Toronto's main stock index finished almost 3 percent higher in a late-session rally on Wednesday as a jump in oil prices boosted energy shares.
The oil and gas sector gained 4.4 percent as oil jumped nearly 7 percent as OPEC supply cuts outweighed evidence that a deepening global slowdown would crush fuel demand. [ID:nSP402296]
Shares of Suncor Energy (SU.TO: Quote) soared 11.2 percent to C$24.58, reclaiming much of the previous day's losses when it was the top moving decliner. EnCana (ECA.TO: Quote) rose 4.9 percent to C$55.24.
The financial sector also rebounded, climbing 4.3 percent with the session's top mover, Manulife Financial (MFC.TO: Quote), rising 7.6 percent to end at C$21.63.
Royal Bank of Canada RY.TO advanced 4.2 percent to C$32.12. Continued...