CANADA STOCKS-Toronto index rallies 1 percent on oil

Wed Apr 29, 2009 1:31pm EDT
 
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TORONTO, April 29 (Reuters) - Toronto's main stock index rose 1 percent on Wednesday afternoon as higher oil prices and upbeat corporate earnings sparked renewed interest in equities after two straight falling sessions.

At 1:26 p.m. (1726 GMT), the S&P/TSX composite index .GSPTSE was up 95.17 points, or 1.02 percent, at 9,443.20. Seven of the 10 main sectors were higher, led by a 2.1 percent gain by the energy group. (Reporting by Ka Yan Ng; editing by Rob Wilson)