(Adds details on sectors and stocks throughout, updates prices)
* TSX up 42.78 points, or 0.31 percent, to 13,930.44
* Six of the TSX's 10 main groups were higher
TORONTO, April 28 (Reuters) - Canada's main stock index rose
on Thursday as resource stocks rose and Bombardier Inc BBDb.TO
rallied after winning a large plane order, while the financials
group retreated.
Some of the most influential movers on the index included
gold stocks. Barrick Gold Corp ABX.TO rose 3.8 percent to
C$21.78, while Goldcorp Inc G.TO was up 4.2 percent at C$23.54
after reporting on Wednesday better-than-expected earnings.
Spot gold XAU= rose 0.8 percent as the Bank of Japan held
off from expanding monetary stimulus, boosting the yen versus
the dollar, and after the Federal Reserve signaled on Wednesday
that it was in no rush to tighten monetary policy. GOL/
The overall materials group, which includes precious and
base metals miners and fertilizer companies, added 2.2 percent.
Energy stocks rose 0.9 percent as oil prices set new 2016
highs. Suncor Energy Inc SU.TO advanced 1.8 percent to
C$36.91, while U.S. crude CLc1 prices were up 0.3 percent to
$45.47 a barrel. O/R
Bombardier Inc BBDb.TO rose 3.5 percent to C$2.08, having
touched its highest since July 8 last year of C$2.28. The
company won a multibillion dollar order for its CSeries
passenger jets from Delta Air Lines (NYSE:DAL) DAL.N , enhancing the new
planes' credibility in international markets and boosting
prospects for the loss-making company to return to
profitability. nL2N17V0HR
At 11:10 a.m. EDT (1510 GMT), the Toronto Stock Exchange's
S&P/TSX composite index .GSPTSE rose 42.78 points, or 0.31
percent, to 13,930.44. Last week it reached its highest in
nearly six months at 13,971.83.
Six of the index's 10 main groups were higher.
Shares of BCE Inc BCE.TO rose 1.1 percent to C$58.81 after
the telecom and media company reported a slightly
better-than-expected quarterly profit as it added more wireless
customers and earned more for each one.
Valeant Pharmaceuticals International Inc (NYSE:VRX) VRX.TO rose 2.4
percent to C$45.16. Activist investor William Ackman promised
U.S. lawmakers on Wednesday he will urge the company's board to
reduce the high prices of four life-saving drugs now at the
heart of two congressional probes.
The financials group fell 0.5 percent, including losses for
heavyweight bank stocks. Bank of Nova Scotia BNS.TO fell 0.7
percent to C$64.99, while Bank of Montreal BMO.TO was down 0.6
percent at C$81.16.
Potash Corp of Saskatchewan POT.TO POT.N fell 1.9 percent
to C$22.66. The world's biggest fertilizer company by capacity
cut its full-year profit forecast due to weak demand and lower
prices.