CANADA STOCKS-TSX edges higher, led by energy and financials as oil turns higher

Wed May 11, 2016 11:17am EDT
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(Adds details throughout on stocks and sectors, updates prices)

* TSX up 23.32 points, or 0.17 percent, to 13,798.51

* Index touched its highest since May 3 of 13,829.73.

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

TORONTO, May 11 (Reuters) - Canada's main stock index rose to a one-week high on Wednesday, led by energy and financial stocks as oil turned higher after the release of weekly inventory data.

Financials rose 0.4 percent, including a nearly 2 percent advance in the shares of Sun Life Financial Inc to C$43.65.

The company reported a 13 percent increase in underlying net income in the first quarter, exceeding estimates as it benefited from strong growth in the United States and Canada.

Oil prices turned positive after government data showed a surprise U.S. crude stock draw. U.S. crude prices rose 1.8 percent to $45.47 a barrel.   Continued...