TORONTO, Oct 21 (Reuters) - Canada’s benchmark stock index rose to a 16-month high on Friday as shares of resource and financial sector companies led broad-based gains and investors speculated on a rate cut from the Bank of Canada.
The Toronto Stock Exchange’s S&P/TSX composite index unofficially closed up 91.12 points, or 0.61 percent, at 14,939.04. Nine of the index’s 10 main industry groups ended higher. (Reporting by Fergal Smith, editing by G Crosse)
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