CANADA STOCKS-TSX hits 2-1/2-week high as energy leads

Wed Jun 24, 2015 4:38pm EDT
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(Adds strategist comment, updates prices to close)

* TSX ends up 42.60 points, or 0.29 percent, to end at 14,947.51

* Seven of the TSX's 10 main groups rise

By Alastair Sharp

TORONTO, June 24 (Reuters) - Canada's main stock index rose for a third straight day on Wednesday, hitting a 2-1/2-week high as energy stocks shrugged off a fall in crude prices and investors held on to hopes for a satisfactory resolution to the Greek debt talks.

The gains bucked broader global trends as creditors demanded more from Greece's left-wing government.

Suncor Energy Inc was the top-weighted rising stock, up 2.7 percent to C$35.70. Pipeline operator Enbridge Inc rose 1.6 percent to C$60.47, while the overall energy group gained 0.8 percent.

The Toronto Stock Exchange's S&P/TSX composite index gained 42.60 points, or 0.29 percent, to end at 14,947.51. Seven of its 10 main sectors closed higher.

"The oils were a little bit better, so we got a bounce there," said John Ing, president of Maison Placements Canada.   Continued...