CANADA STOCKS-TSX rises 1 percent on materials, financials

Thu Feb 5, 2009 12:09pm EST
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TORONTO Feb 5 (Reuters) - Toronto's main stock index rose 1 percent midday on Thursday, boosted by strength in the materials sector as gold prices climbed, as well as a rebound in financial shares.

The S&P/TSX composite index .GSPTSE rose 1.04 percent, or 90.83 points, to 8,783.92, with nine of the index's main groups higher. Earlier, the index had fallen nearly 1 percent. (Reporting by Jennifer Kwan; Editing by Jeffrey Hodgson)