CANADA STOCKS-TSX rises with miners as commodity prices rally

Tue Apr 19, 2016 10:21am EDT
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(Updates with early trade; adds details on Rogers earnings, materials sector)

* TSX up 90.06 points, or 0.66 percent, to 13,809.88

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

TORONTO, April 19 (Reuters) - Canada's main stock index rose on Tuesday as gold miners and other materials stocks gained on higher commodity prices, while Rogers Communications weighed after posting a smaller profit.

At 10:10 a.m. EDT (1410 GMT), the Toronto Stock Exchange's S&P/TSX composite index rose 90.06 points, or 0.66 percent, to 13,809.88.

Silver Wheaton jumped 5.9 percent to C$22.94 as silver prices surged to a 10-month high, while the broader materials group, which includes precious and base metals miners and fertilizer companies, added 2.1 percent. Gold, copper and other metals also pushed higher.

Barrick Gold Corp added 1.1 percent to C$20.48 and Goldcorp Inc rose 1.4 percent to C$21.84.

Adding to the positive sentiment, Barclays raised its target prices for a range of Canadian materials stocks.

First Quantum Minerals advanced 6.2 percent to C$8.10 and Teck Resources Ltd gained 2.1 percent to C$12.56.   Continued...