CANADA STOCKS-TSX extends gains, up 2 pct at midday

Wed May 6, 2009 12:25pm EDT
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TORONTO May 6 (Reuters) - Toronto's main stock index was up 2 percent at midday on Wednesday, building on broad-based gains stemming from stronger than expected economic data and rising commodity prices.

The S&P/TSX composite index .GSPTSE was up 197.16 points, or 2.0 percent, at 10,077.88. Seven of the index's 10 main groups were higher, including the hefty materials, energy, and financials sectors.

The advance puts the index at its highest level since early November. (Reporting by Ka Yan Ng; editing by Rob Wilson)