CANADA STOCKS-TSX rises on jobs data, gold miners fall

Fri Sep 4, 2009 9:45am EDT
 
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 TORONTO, Sept 4 (Reuters) - Toronto's main stock index
popped higher on Friday morning after initial weakness as
better-than-expected jobs data lifted sentiment and offset a
drop in gold-mining shares.
 The S&P/TSX composite index .GSPTSE was up 17.11 points,
or 0.16 percent, at 10,938.60 shortly after the open.
 Canada unexpectedly added jobs last month, while the U.S.
nonfarm payrolls report showed the pace of layoffs eased from
early this year.
 After surging this week, gold miners came under pressure as
the price of the precious metal slipped below $990 an ounce.
 (Reporting by Ka Yan Ng; editing by Peter Galloway)