Toronto stock index sets record just shy of 15,000

TORONTO, May 16 (Reuters) - The Toronto Stock Exchange's main index hit another record high on Friday as energy and materials shares rose on strong commodities and powered the composite to a level just shy of the psychologically important 15,000 mark.

The S&P/TSX composite index rose 159.75 points, or 1.08 percent, to unofficially close at 14,987.81. (Reporting by Wojtek Dabrowski; editing by Peter Galloway)