July 16, 2008 / 8:05 PM / 9 years ago

Toronto stocks end higher as financials surge

TORONTO, July 16 (Reuters) - The Toronto Stock Exchange’s main index finished nearly 150 points higher on Wednesday as surprisingly strong quarterly results from a U.S. bank invigorated the financial sector and helped the benchmark shake off a weak showing by energy and materials issues.

The S&P/TSX composite index .GSPTSE rose 154.19 points, or 1.15 percent, to unofficially close at 13,511.75. (Reporting by Wojtek Dabrowski; editing by Rob Wilson)

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