CANADA STOCKS-TSX ends higher as resources overcome RIM drop

Fri Apr 29, 2011 4:48pm EDT
 
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* TSX ends 0.36 percent higher at 13,944.79

* Nine of 10 main sectors advance

* RIM falls more than 14 percent, biggest decliner

* Investors mostly sidelined ahead of Monday's election (Updates to close)

By Ka Yan Ng

TORONTO, April 29 (Reuters) - Toronto's main stock index made a late-day dash higher on Friday as rallying resource issues overcame a plunge by BlackBerry maker Research In Motion RIM.TO.

The energy and materials groups, which together make up about 50 percent of the index's weight, were up 1.12 percent and 0.67 percent respectively.

Suncor Energy SU.TO, ahead 1.89 percent at C$43.61, and Canadian Natural Resources CNQ.TO, up 2.44 percent at C$44.51, were the most influential advancers on Friday. Potash Corp POT.TO rose 1.44 percent to C$53.45.

The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE finished 50.39 points, or 0.36 percent, higher at 13,944.79. Nine of its 10 sectors advanced.   Continued...