(Adds details, updates prices)
* TSX up 89.76 points, or 0.67 percent, at 13,559.59
* Eight of the TSX's 10 main groups rise
TORONTO, Dec 1 (Reuters) - Canada's main stock index rose on
Tuesday, led by gains in the heavyweight energy and financial
sectors as crude oil prices steadied and two of the country's
main banks reported quarterly earnings.
Bank of Montreal BMO.TO rose 1.4 percent to C$78.17 after
reporting higher profit and upping its dividend, while Bank of
Nova Scotia BNS.TO was flat at C$60.88 after its quarterly
report.
The overall financials group, which accounts for more than
one-third of the index's weight, climbed 0.6 percent.
Energy stocks climbed 1.1 percent, with Suncor Energy Inc
SU.TO up 1.1 percent to C$37.31 and Cenovus Energy Inc
CVE.TO advancing 2.9 percent to C$20.34.
At 10:13 a.m. EST (1513 GMT), the Toronto Stock Exchange's
S&P/TSX composite index .GSPTSE was up 89.76 points, or 0.67
percent, at 13,559.59.
U.S. crude CLc1 prices were up 0.6 percent to $41.89 a
barrel, while Brent LCOc1 added 0.3 percent to $44.74. O/R
Eight of the index's 10 main groups were in positive
territory, with six stocks hitting new 52-week highs and two
plumbing new 52-week lows. There were more than two gainers for
every decliner.
Canada pulled out of recession in the third quarter as an
acceleration in exports and increased spending in the consumer
and housing sectors revived growth, data showed.
ProMetic Life Sciences PLI.TO shares fell 9.3 percent to
C$3.21 after the company said it will transition its drug to
treat Type 2 diabetes to a new placebo-controlled trial.