(Adds details from early trade, updates prices)
* TSX up 114.09 points, or 0.78 percent, to 14,798
* Nine of the TSX's 10 main groups rise; 10 risers per
TORONTO, Sept 2 Canada's main stock index pushed
higher on Friday with mining and energy stocks big beneficiaries
of a weak U.S. jobs report that weighed on the U.S. dollar and,
in turn, boosted commodity prices.
The heavyweight energy group climbed 1.4 percent as crude
rose about 2 percent, after U.S. employment growth eased more
than expected last month after two straight months of robust
gains, which could rule out an interest rate hike by the Federal
Reserve this month.
The most influential movers on the index included Suncor
Energy Inc, which rose 1.2 percent to C$35.63, and
Canadian Natural Resources Ltd, which advanced 1.4
percent to C$41.33.
At 9:41 a.m. EDT (1341 GMT), the Toronto Stock Exchange's
S&P/TSX composite index rose 114.09 points, or 0.78
percent, to 14,798.
There were 10 risers for every falling stock, with nine of
the index's 10 main groups in positive territory.
The materials group, which includes precious and base metals
miners and fertilizer companies, added 1.9 percent, as the
weaker greenback also boosted prices for gold and copper.
Barrick Gold Corp advanced 2.2 percent to C$23.82
and Goldcorp Inc rose 2.7 percent to C$20.97. Diversified
miner Teck Resources advanced 3.5 percent to C$22.37.
The financials group gained 0.4 percent and industrials rose
Of the few declining stocks, Valeant Pharmaceuticals
International Inc weighed most heavily, down 3.1
percent to C$36.93.
U.S. crude prices were up 2.5 percent to $44.23 a
barrel, while Brent added 2.6 percent to $46.63.
Gold futures rose 0.8 percent to $1,322.2 an ounce,
while copper prices advanced 0.2 percent to $4,639 a
Canada's trade deficit in July unexpectedly shrank on
stronger non-energy exports, a sector the Bank of Canada says is
crucial to helping revive an economy hit by low oil prices.
(Reporting by Alastair Sharp; Editing by Nick Zieminski)