TORONTO: Canada's main stock index rose to a 12-day high on Tuesday, boosted by financial stocks, miners and energy companies including TransCanada Corp, which added to gains after winning a key approval for its Keystone XL pipeline on Monday.
At 10:07 a.m. ET (1507 GMT), the Toronto Stock Exchange's S&P/TSX composite index was up 81.48 points, or 0.51 percent, to 16,085.88. That was its highest level since Nov. 9.
The energy group climbed 0.4 percent and the financials group gained 0.2 percent, while the materials group, which includes precious and base metals miners and fertilizer companies, added 0.8 percent.
Advancing issues were outnumbering decliners by 195-44, for a 4.43-to-1 ratio on the upside. Nine of its 10 main sectors rose, with healthcare the only declining group.
Industrials rose 0.3 percent, with Bombardier Inc up 2.0 percent at C$3.13 in heavy volume after the plane and train maker completed a debt offering and JP Morgan raised its rating on the company to "overweight."
The largest percentage gainer was First Quantum Minerals Ltd which rose 3.8 percent as base metal prices pushed higher.
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