* TSX up 201.36 points, or 1.67 percent, to 12,288.73
* Nine of the TSX's 10 main groups were higher
TORONTO, Feb 12 (Reuters) - Canada's main stock index
rebounded Friday after five days of losses, led by banks and
energy stocks as crude oil prices rallied and after U.S. retail
sales data offered encouragement about the economic outlook.
Relative calm returned to financial markets
a week of turmoil in which investors worried
about the impact of negative interest rates on banking profits.
U.S. consumer spending appeared to have regained its
momentum in January supporting the possibility of
the Federal Reserve continuing to raise interest rates this
year.
Still, the index is on track to lose 3.7 percent for the
week, having hit a three-week low on Thursday as disappointing
corporate earnings added to broad investor unease about the
global economy.
Cenovus Energy Inc CVE.TO rose 2.9 percent to C$14.36. The
oil producer said it may sell up to $5 billion of stock, debt or
other securities, a day after it announced a dividend cut, as
the company shores up its balance sheet amid a slump in oil
prices.
The overall energy group rose 2.8 percent as crude oil
prices rallied on prospects of a coordinated production cut.
It included a 3.6 percent rise in the shares of
Suncor Energy Inc SU.TO to C$30.49.
U.S. crude CLc1 prices jumped 10 percent to $28.84 a
barrel.
The most influential movers on the index were bank stocks,
including Royal Bank of Canada RY.TO , which rose 2.7 percent
to C$66.76, and Toronto-Dominion Bank TD.TO , which advanced
1.9 percent to C$49.95.
The overall financial services sector rose 2 percent.
At 10:52 a.m. EST (1552 GMT), the Toronto Stock Exchange's
S&P/TSX composite index .GSPTSE rose 201.36 points, or 1.67
percent, to 12,288.73.
Nine of the index's 10 main groups were higher.
On Thursday, the index hit its lowest since Jan. 21 at
11,985.68.
Among drags on the index, the shares of Telus Corp T.TO
fell 2.7 percent to C$38.61 a day after the telecom company
reported a fall in quarterly profit, hurt by increased
competition and weaker demand for its wireless services.
Potash Corporation of Saskatchewan POT.TO was down 1.9
percent at C$21.40.