TORONTO, Aug 28 (Reuters) - Canada's main stock index
climbed on Friday, driven by a surge in shares of energy and
mining companies rebounding from the brutal selloff earlier in
the week.
The benchmark index gained for a fourth straight session and
ended the week nearly 3 percent higher.
The energy sector jumped 3.1 percent. Suncor Energy Inc
SU.TO added 1 percent, and Canadian Natural Resources Ltd
CNQ.TO rose 2.1 percent.
Still, fund managers were cautious about the prospects for
the industry.
"I don't think we're out of the woods in any way," said
David Cockfield, managing director and portfolio manager at
Northland Wealth Management.
"It's going to take a while for the supply and demand
dynamics to rebalance."
The Toronto Stock Exchange's S&P/TSX composite index
.GSPTSE closed up 98.40 points, or 0.71 percent, at 13,865.07.
Barrick Gold Corp ABX.TO jumped 4.3 percent to C$9.44.