CANADA STOCKS-TSX turns positive, materials charge higher

Tue May 12, 2009 3:07pm EDT
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TORONTO May 12 (Reuters) - Toronto's main stock index turned positive again on Tuesday afternoon, spurred by strength in the materials sector as the price of gold and other metals rallied.

The S&P/TSX composite index .GSPTSE rose 2.99 points to 10,097.13. Materials surged 3.9 percent, overcoming declines in six other sectors, including the influential energy and financial groups.

The oil an gas group cut losses, down 0.3 percent, as the price of crude oil settled higher. (Reporting by Ka Yan Ng; editing by Rob Wilson)