CANADA STOCKS-Energy stocks, helped by higher crude, lead broad TSX gains

Thu Apr 9, 2015 10:53am EDT
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* TSX climbes 139.38 points, or 0.92 percent, to 15,352.98

* All 10 of the index's main sectors advance

* Energy stocks up 1.6 percent, financials up 0.7 percent

By Solarina Ho

TORONTO, April 9 (Reuters) - Canada's main stock index tracked positive global sentiment and rose across the board on Thursday for the sixth straight session, with energy stocks, underpinned by a rebound in crude prices, leading the charge.

The most influential movers on the index were Suncor Energy Inc, which rose 2.4 percent to C$39.72, and Canadian Natural Resources, which advanced 1.8 percent to C$40.71. The overall energy group climbed 1.6 percent.

"It's, so far, looking very good - a rebound primarily from the oil in the energy sector," said John Kinsey, portfolio manager at Caldwell Securities.

Crude prices were hit hard during the previous session, slumping more than 6 percent, after data showed U.S. crude inventories soared three times more than expected during the prior week, hitting a record 482.39 million barrels.

U.S. crude prices were up 0.9 percent to 50.85, while Brent crude added 2.2 percent to $56.79.   Continued...