CANADA STOCKS-TSX rises for second day on resource rally

Wed Jan 12, 2011 4:06pm EST
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TORONTO Jan 12 (Reuters) - Toronto's main stock index rose for a second straight session on Wednesday to its highest close in a week, encouraged by rising commodity prices and by a Portuguese bond sale that soothed jitters over European sovereign debt.

The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE unofficially finished 59.16 points, or 0.44 percent, higher at 13,460.21. Seven of the index's 10 main sectors were higher, supported by a 0.93 percent rise in the materials group, and a 0.64 percent advance in oil and gas. (Reporting by Ka Yan Ng; editing by Peter Galloway)