(Adds details throughout, updates prices)
* TSX up 131.04 points, or 0.92 percent, at 14,390.88
* All of the TSX's 10 main groups were higher
TORONTO, July 11 (Reuters) - Canada's main stock index rose
on Monday, with energy and banking shares both jumping 1 percent
and all 10 sectors in positive territory as a string of global
developments boosted investor sentiment.
The broad gains were helped by Japan's latest fiscal
stimulus and as Britain's ruling Conservatives settled on a
leader following last month's vote to leave the European Union.
Friday's strong U.S. jobs numbers also lent support.
At 10:02 a.m. EDT (1402 GMT), the Toronto Stock Exchange's
S&P/TSX composite index .GSPTSE was up 131.04 points, or 0.92
percent, at 14,390.88. There were four advancers for every
decliner, and 15 issues were at 52-week highs.
The index is less than 60 points shy of the 14,450 level it
peaked at in early June, breaching that would put it at its
highest since August last year.
The U.S. benchmark S&P 500 stock index .SPX set a record
intraday high.
The TSX's financials group, which accounts for 35 percent of
the index's weight, gained 1 percent.
Royal Bank of Canada RY.TO rose 1.1 percent to C$78.20,
Toronto-Dominion Bank TD.TO advanced 1 percent to C$55.65, and
Bank of Nova Scotia BNS.TO added 1.2 percent to C$64.03.
Insurers also gained, with Manulife Financial MFC.TO up
1.3 percent to C$17.19 and Sun Life Financial SLF.TO rising
1.6 percent to C$41.69. Brookfield Asset Management BAMa.TO
advanced 1.3 percent to C$44.67.
Gold miners were among the biggest drags on the index, as
investors moved out of them and the precious metal itself on the
back of Friday's blockbuster U.S. jobs data. GOL/
Barrick Gold Corp ABX.TO declined 0.9 percent to C$28.83,
Goldcorp Inc G.TO slipped 0.8 percent to C$25.79, and Franco
Nevada Corp fell 1.4 percent to C$101.87.
The materials group, which includes precious and base metals
miners and fertilizer companies, added 0.2 percent.
The energy group climbed 1.1 percent, with pipeline operator
Enbridge Inc ENB.TO up 1.3 percent to C$54.55, Suncor Energy
Inc SU.TO adding 0.9 percent to C$36.61, and Canadian Natural
Resources CNQ.TO rising 1.5 percent to C$40.915.
Deeply discounted prices for heavy crude from the heart of
Alberta's oil sands look set to sink further, thanks to hundreds
of thousands of barrels of new supply that will have difficulty
finding space in crowded pipelines, traders say.
Thomson Reuters, parent company of Reuters News, advanced
1.3 percent to C$53.98 after it said it would sell its
intellectual property and science business for $3.55 billion.
Meanwhile, shares in Mitel Networks Corp MNW.TO fell 1
percent to C$9.28 after its deal to buy Polycom Inc was thwarted
by a rival bid.