May 26, 2009 / 2:48 PM / 9 years ago

CANADA STOCKS-TSX extends gain on banks, US consumer confidence

TORONTO, May 26 (Reuters) - Toronto’s main stock index rose more than 1 percent on Tuesday on strength in the index’s financial group, spurred by better-than-expected Bank of Montreal BMO.TO results, and U.S. consumer confidence data that made its biggest gain in 6 years.

At midmorning, the S&P/TSX composite index .GSPTSE was up 102.71 points, or 1.02 percent, at 10,172.21. Eight of the index’s 10 main groups were higher. (Reporting by Ka Yan Ng; Editing by Jeffrey Hodgson)

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