(Adds details on specific stocks, updates prices)
* TSX up 47.69 points, or 0.31 percent, at 15,554.37
* Seven of the TSX's 10 main groups move higher
TORONTO, March 13 Canada's main stock index rose
on Monday as financial stocks pushed higher ahead of an expected
U.S. Federal Reserve rate hike and as some mining stocks gained
from higher commodity prices.
Toronto-Dominion Bank was among the most influential
gainers, recovering somewhat after a sharp fall on Friday
following media reports which said staff had been put under
pressure to meet sales targets. [nL2N1GN1RY}
TD rose 1.8 percent to C$67.17 after falling 5.6 percent on
Friday, and most other major banks also gained, helping the
financials group add 0.6 percent overall.
Financial technology company DH Corp also gained,
jumping 8.7 percent to C$25.05, after Vista Equity Partners said
it would take the company private in a C$4.8 billion deal.
At 10:33 a.m. ET (1433 GMT), the Toronto Stock Exchange's
S&P/TSX composite index was up 47.69 points, or 0.31
percent, at 15,554.37.
Seven of the index's 10 main groups were in positive
The materials group, which includes precious and base metals
miners and fertilizer companies, added 0.5 percent.
Base metal miners gained with copper and other industrial
metal prices as a strike at Peru's top copper mine added to
supply disruptions caused by a month-long stoppage at mines in
Chile and Indonesia.
Teck Resources Ltd advanced 2.6 percent to
C$27.50 and First Quantum Minerals Ltd added 1.4 percent
Gold miners were mixed as bullion was caught between
political uncertainty in Europe and the prospect of U.S. rate
rises later this week.
The energy group inched 0.2 percent higher as oil hovered
around three-month lows.
(Reporting by Alastair Sharp; Editing by Andrea Ricci)