CANADA STOCKS-TSX seesaws, most fall but energy soars

Tue Feb 22, 2011 9:43am EST
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TORONTO Feb 22 (Reuters) - Toronto's main stock index seesawed at the open on Tuesday as an oil price surge pushed up energy shares, while most of the rest of the market fell.

Fears that escalating political tension in Libya could disrupt global economic growth boosted oil prices more than 6 percent, lighting a fire under the index's energy group, which rose 2.3 percent.

The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was up 17.83 points at 14,140.94 after an initial dip. It then resumed a decline as eight index sectors fell. (Reporting by Ka Yan Ng; editing by Peter Galloway)