CANADA STOCKS-TSX flat at open despite Suncor's surge

Wed Feb 2, 2011 9:43am EST
 
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TORONTO Feb 2 (Reuters) - Toronto's main stock index was little changed in early trade on Wednesday as a rally in energy shares, spurred by forecast-beating results from Suncor Energy SU.TO, was offset by declining gold miners.

The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was off 0.29 of a point at 13,712.33 after opening higher.

Suncor, Canada's biggest energy company, gained more than 2 percent at the open after it said fourth-quarter profit almost tripled, helped by improved margins and higher refined product sales. [ID:nN01139180] (Reporting by Ka Yan Ng; editing by Peter Galloway)