CANADA STOCKS-TSX's gold miners, banks help index gain

Tue Jul 26, 2016 10:18am EDT
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(Adds details from early trade, updates prices)

* TSX up 35.71 points, or 0.25 percent, at 14,533.81

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

TORONTO, July 26 (Reuters) - Canada's main stock index made gains on Tuesday, helped by rising gold miners and other materials stocks as well as financials, while worries about oversupply of oil weighed on some energy names.

At 10:01 a.m. (1401 GMT), the Toronto Stock Exchange's S&P/TSX composite index was up 35.71 points, or 0.25 percent, at 14,533.81.

Six of the index's 10 main groups were in positive territory, with three gainers for every two declining stocks.

The country's biggest banks were among the index's most influential gainers, with Royal Bank of Canada up 0.6 percent at C$80.32 and Bank of Nova Scotia adding 0.5 percent to C$66.11.

Element Financial Corp fell 4.8 percent to C$13.95 after deciding to split into two companies.

The materials group, which includes precious and base metals miners and fertilizer companies, added 1.1 percent.   Continued...