TORONTO, Sept 15 (Reuters) - Toronto’s main stock index extended gains on Tuesday afternoon, rising more than 1 percent to hit their highest level this year, on a rally in resource-based shares.
The S&P/TSX composite index .GSPTSE was up 118.17 points, or 1.04 percent, at 11,450.21, reaching its highest in 11 months. Six of the index’s 10 main groups advanced, led by a 1.75 percent gain in materials, and a 1.44 percent climb in oil and gas. The influential financial group was up nearly 1 percent.
$1=$1.08 Canadian Reporting by Ka Yan Ng; Editing by Jeffrey Hodgson