July 9, 2009 / 3:47 PM / 8 years ago

CANADA STOCKS-TSX up 1 percent as commodities offer support

TORONTO, July 9 (Reuters) - Toronto’s main stock index was 1 percent higher late on Thursday morning as commodity prices gave a boost to the resource-heavy index, while U.S. bellwether Alcoa’s forecast-beating results helped boost sentiment.

At 11:35 a.m. (1535 GMT), the S&P/TSX composite index .GSPTSE was up 96.50 points, or 1 percent, at 9,749.95. Five of the TSX’s 10 sectors were higher, led by a 3 percent gain in the mining-laden materials group and a 1.8 percent rise in the energy sector. (Reporting by Frank Pingue; editing by Peter Galloway)

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