TORONTO, Oct 23 (Reuters) - Canada’s main stock index opened higher on Friday in a broad rally led by materials stocks cheered by a Chinese rate cut that boosted prices for base metals, while shares of embattled Valeant Pharmaceuticals International Inc also bounced.
The Toronto Stock Exchange’s S&P/TSX composite index was up 89.85 points, or 0.65 percent, at 13,967.96 shortly after the open. Of its 10 main sectors, only energy was lower. (Reporting by Alastair Sharp; Editing by Chizu Nomiyama)
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