Canada's main stock index rose to a two-week high on Friday, led by financial and industrial shares after solid US jobs data boosted investor sentiment, while energy stocks climbed on higher oil prices. The Toronto Stock Exchange's S&P/TSX composite index closed up 80.39 points, or 0.5 percent, at 16,096.07, its highest close since Nov. 24. For the week, the TSX rose 0.4 percent. Industrials advanced 1 percent, helped by gains for the country's two main railway companies, while the heavyweight financials group added 0.5 percent.
Oil pipeline operator Kinder Morgan Canada Ltd gained nearly 5 percent to C$17.48 after the country's energy regulator ruled it could sidestep some municipal permits for its Trans Mountain pipeline expansion. The overall energy group rose 0.6 percent, while US crude futures settled 1.2 percent higher at $57.36 a barrel. Among the most influential gainers on the index was Valeant Pharmaceuticals International Inc, which rose 11.8 percent to C$25.36. The materials group, which includes precious and base metals miners and fertilizer companies, added 0.6 percent.
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