(Adds portfolio manager comment, updates prices)
* TSX ends up 13.33 points, or 0.1 percent, at 12,753.60
* Six of the TSX's 10 main groups fall
By Alastair Sharp
TORONTO, Feb 25 (Reuters) - Canada's main stock index
notched a small gain on Thursday as two major banks rose after
reporting quarterly numbers, while energy stocks weighed despite
a late rally in crude prices.
Shares in Canadian Imperial Bank of Commerce CM.TO jumped
2.5 percent to C$89.66 after the bank beat on profit and raised
its dividend, although, like other lenders that reported this
week, CIBC reported rising bad loans in the oil and gas sector.
Its larger rival Toronto-Dominion Bank TD.TO rose 1.4
percent to C$51.92 as its U.S. presence benefited from a weak
Canadian dollar and wholesale banking profit fell.
"They're certainly not expensive," Paul Harris, portfolio
manager at Avenue Investment Management, said of Canadian banks.
"This doesn't mean that their loan books are not going to
get worse in a period of time where resource companies in this
country are under a lot of pressure."
The overall financials group gained 0.7 percent, while the
energy group retreated 0.9 percent.
Oil prices rebounded after confirmation of a meeting of
major producers and as news of project delays and job cuts
offset concern about oversupply in a slowing global economy.
O/R
Canadian Natural Resources CNQ.TO declined 2.1 percent to
C$26.77, while TransCanada Corp TRP.TO fell 4.1 percent to
C$48.73.
The Toronto Stock Exchange's S&P/TSX composite index
.GSPTSE ended the day up 13.33 points, or 0.1 percent, at
12,753.60.
Six of the index's 10 main groups were lower.
The materials group, which includes precious and base metals
miners and fertilizer companies, added 0.2 percent.
Kinross Gold Corp K.TO declined 6.9 percent to C$4.04
after announcing a bought deal financing.
(Editing by Bernadette Baum and Andrew Hay)