TORONTO, Nov 9 (Reuters) - Toronto’s main stock index added to its gains on Monday, bolstered by a reassuring pledge from the Group of 20 to keep stimulus measures in place until a global economic recovery is in place.
That increased investors’ appetite for risk and helped push up oil prices toward $80 a barrel and gold to a record above $1,110 an ounce. [O/R] [GOL/]
Shares of resource issues followed commodity prices higher. Suncor Energy (SU.TO) rose 4.4 percent to C$36.95 to lead all influential gainers, followed by Goldcorp (G.TO), up 5 percent at C$46.68.
By late morning, the resource-laden S&P/TSX composite index .GSPTSE had soared 226.25 points, or 2.01 percent, to 11,476.67. (Reporting by Ka Yan Ng; editing by Rob Wilson)