TORONTO, May 16 (Reuters) - Toronto’s main stock index rose 1 percent on Monday morning as investors picked up recently battered-down commodity-related shares.
The Toronto Stock Exchange’s S&P/TSX composite index .GSPTSE was up 134.02 points, or 1 percent, at 13,511.18. The index has been dropping for the past three weeks.
The index’s materials group, home to mining shares, was the heftiest advancer, up 2.22 percent, while oil and gas shares gained 1.4 percent. Six of the index’s 10 main sectors were higher. (Reporting by Ka Yan Ng; editing by Peter Galloway)