CANADA STOCKS-TSX jumps more than 1 pct, materials lift

Thu Nov 18, 2010 9:40am EST
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TORONTO Nov 18 (Reuters) - Toronto's main stock index rose more than 1 percent at the open on Thursday as stronger commodity prices buoyed the heavily-weighted materials group, and expectations that Ireland may soon see a solution to its debt crisis lifted market sentiment.

The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE climbed 127.52 points, or 1.01 percent, to 12,785.35 shortly after the open.

Nine of the 10 key groups were in higher.

($1=$1.02 Canadian) (Reporting by Solarina Ho; editing by Jeffrey Hodgson)