CANADA STOCKS-TSX rises, materials give positive edge

Mon May 16, 2011 9:46am EDT
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TORONTO May 16 (Reuters) - Toronto's main stock index edged higher on Monday in early dealings as strength in the materials group offset broad weakness and soft risk sentiment.

The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE edged up 6.34 points to 13,383.50, after initially falling at the open. A 0.7 percent advance in materials group outweighed weakness in seven of the index's 10 sectors. (Reporting by Ka Yan Ng; editing by Janet Guttsman)