September 22, 2016 / 11:42 AM / a year ago

TSX rallies, led by energy and financials as oil climbs

TORONTO (Reuters) - Shares of energy and financial companies led a broad rally on Canada’s main stock index on Thursday as oil prices rose and investors digested the U.S. Federal Reserve’s more cautious approach to future rate hikes.

A man walks past an old Toronto Stock Exchange (TSX) sign in Toronto, June 23, 2014. REUTERS/Mark Blinch

The Toronto Stock Exchange’s S&P/TSX composite index .GSPTSE unofficially closed up 86.35 points, or 0.59 percent, at 14,797.17. Nine of the index’s 10 main groups ended higher.

Reporting by Fergal Smith; Editing by Chris Reese

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