CANADA STOCKS-TSX rises, buoyed by results from Rogers and Encana

Thu Jul 21, 2016 10:25am EDT
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(Adds details from earnings reports, early trade)

* TSX up 48.05 points, or 0.33 percent, at 14,581.62

* Six of the TSX's 10 main groups move higher

TORONTO, July 21 (Reuters) - Canada's main stock index gained in morning trading on Thursday, boosted by strong earnings reports from Rogers Communications Inc and Encana Corp and a rebound in some materials stocks.

Rogers surged 3.5 percent to C$55.51 after posting better-than-expected quarterly profit on strong wireless and internet subscriber growth.

Encana Corp shares jumped 6.2 percent to C$11.08 after the oil and gas producer reported a surprise quarterly profit.

At 10:16 a.m. EDT (1416 GMT), the Toronto Stock Exchange's S&P/TSX composite index was up 48.05 points, or 0.33 percent, at 14,581.62. It is near an 11-month high.

First Quantum Minerals advanced 5.5 percent to C$10.55, Teck Resources gained 4.5 percent to C$18.03, and Barrick Gold Corp rose 1.9 percent to C$26.50.

The materials group, which includes precious and base metals miners and fertilizer companies, added 1.6 percent.   Continued...