CANADA STOCKS-TSX gains on heavyweight resource stocks as oil jumps

Tue Oct 6, 2015 4:44pm EDT
 
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(Adds portfolio manager comment, details; updates prices to close)

* TSX ends up 95.06 points, or 0.70 percent, at 13,647.26

* Seven of the TSX's 10 main groups fall; resources lead gains

* Bombardier surges late after Reuters report on Airbus talks

By Alastair Sharp

TORONTO, Oct 6 (Reuters) - Canada's main stock index gained for a third straight session on Tuesday, with heavily weighted resource stocks and banks carrying most of the gains on the back of higher commodity prices.

Seven of the Toronto Stock Exchange's S&P/TSX composite index's 10 main sectors slipped, but the index ended up 95.06 points, or 0.70 percent, at 13,647.26.

The rising financials, energy and materials sectors account for almost two-thirds of the index's weight.

The energy group gained 3.8 percent as crude oil prices broke through the top of a month-long range. Materials, which includes miners, rose 3.3 percent.   Continued...