(Adds strategist comment, updates prices to close)
* TSX ends up 149.41 points, or 0.96 percent, at 15,684.89
* Nine of the TSX's 10 main groups end higher
By Alastair Sharp
TORONTO, April 17 Canada's main stock index
posted its biggest gain in more than six weeks on Monday as
heavyweight banking stocks bounced back from a recent slip and
several industrial miners also gained as Chinese data showed
The heavyweight financials group jumped 1.4 percent as bond
yields recovered somewhat from multi-month lows, with
Toronto-Dominion Bank up 2.1 percent at C$66.20 and Bank
of Nova Scotia adding 1.5 percent to C$77.14.
"We're getting a little bit of a rebound as investor focus
shifts at least slightly away from some of the geopolitical
worries and back to what's likely to be the headliner of the
week, which is earnings reports," said Craig Fehr, Canadian
market strategist at Edward Jones in St. Louis, Missouri.
The most influential movers on the index also included Teck
Resources Ltd, which rose 1.6 percent to C$29.80, and
Lundin Mining Corp, up 1.5 percent to C$7.45.
The base metal miners gains came as China's economy grew
faster than expected in the first quarter as industrial output
grew by the most in over two years.
The Toronto Stock Exchange's S&P/TSX composite index
ended up 149.41 points, or 0.96 percent, at 15,684.89.
That was its biggest one-day gain since March 1.
Nine of its 10 main sectors gained, with advancers
outnumbering decliners by 2.5-to-1.
The index fell on Thursday to its lowest level in more than
two weeks. The market was closed on Friday.
Gold miners weighed as the precious metal came off a
five-month high, with Alamos Gold Inc falling 1.8
percent to C$10.75 and B2Gold Corp down 3.1 percent at
The materials group, which includes precious and base metals
miners and fertilizer companies, was barely higher overall.
Marijuana stocks fell from last week's highs following the
introduction of legislation to legalize its recreational use,
with Canopy Growth Corp down 3.2 percent at C$9.61 and
OrganiGram Holdings Inc off 5.7 percent at C$2.66.
The energy group climbed 1.2 percent even as oil prices
slipped, with pipeline company Enbridge Inc up 0.9
percent to C$56.77 and Suncor Energy Inc adding 1.4
percent to C$41.26.
(Reporting by Alastair Sharp; Editing by Bernard Orr and Sandra