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TORONTO, July 16 (Reuters) - Canada's main stock index opened higher on Thursday, extending four straight days of gains, with the heavily-weighted financial stocks leading the charge following Wednesday's Bank of Canada interest rate cut.
The Toronto Stock Exchange's S&P/TSX composite index rose 61.74 points, or 0.42 percent, to 14,724.02. The materials group, home to mining companies, was the lone sector in negative territory. (Reporting by Solarina Ho; Editing by Meredith Mazzilli)