By Reuters Staff
2 Min Read
Jan 28 (Reuters) - Canada’s main stock index rose on Thursday, after its worst session in three months, driven by gains in materials and energy stocks. The materials sector, which includes precious and base metals miners and fertilizer companies, added 3.7% as gold futures rose 0.7% to $1,857.9 an ounce. The energy sector climbed 2% as U.S. crude prices rose 1%, while Brent crude added 1%. At 9:37 a.m. ET (1437 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was up 131.28 points, or 0.75%, at 17,555.71. The financials sector gained 0.3%. The industrials sector rose 0.9%. The largest percentage gainer on the TSX was First Majestic Silver Corp, which jumped 29.3% after a media report of the company winning a reprieve on criminal tax fraud charges in a Mexican court hearing. (bloom.bg/3qZX6MF)