CANADA STOCKS-TSX rises 2 pct on jobs data, banks

Fri May 8, 2009 9:55am EDT
 
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TORONTO May 8 (Reuters) - Toronto's main stock market index extended early gains on Friday, up 2 percent, as stronger-than-expected U.S. and Canadian jobs data and stress tests for U.S. banks boosted optimism about the financial system and economy.

Commodity issues were also bolstered by firm oil and gold prices.

The S&P/TSX composite index .GSPTSE climbed 201.12 points, or 2.02 percent, at 10,168.17. All 10 of the TSX's main sectors advanced. (Reporting by Ka Yan Ng; Editing by James Dalgleish)