November 9, 2016 / 12:48 PM / a year ago

TSX rises as Trump presidency boosts energy

TORONTO (Reuters) - Canada’s benchmark stock index rose on Wednesday, led by energy producers, materials and financials, as investors saw Donald Trump’s U.S. presidency favoring the oil sector and boosting economic growth.

A TMX Group sign, the company that runs the Toronto Stock Exchange (TSX), is seen in Toronto, June 23, 2014. REUTERS/Mark Blinch/File Photo

The Toronto Stock Exchange’s S&P/TSX composite index .GSPTSE unofficially closed up 103.07 points, or 0.70 percent, at 14,759.91. Six of the index’s 10 main industry groups ended higher.

Reporting by Fergal Smith

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