TORONTO, Sep. 3, 2010 (Xinhua News Agency) -- The Canadian stocks rose for the eighth day on Friday as U.S. jobs data blew past expectations. The S&P/TSX Composite Index closed 33.83 points or 0.28 percent up at 12,144.92. For the week, the benchmark equity index rose 2.23 percent.
Ten out of the 12 sectors on the Toronto Stock Exchange registered gains on Friday with the index measuring the financials sector rising 1.34 percent.
Manulife Financial Corp., Canada's largest insurer, rallied 2. 88 percent. Toronto-Dominion Bank (TSX:TD.R) (TSX:TD.P) (TSX:TD.Q) (TSX:TD.O) (TSX:TD.N) (TSX:TD.M) (NYSE:TD) (TSX:TD) , Canada's second largest lender, increased 1.68 percent. Bank of Nova Scotia (TSX:BNS.P) (TSX:BNS) (TSX:BNS.T) (TSX:BNS.O) (TSX:BNS.N) (TSX:BNS.M) (TSX:BNS.J) (NYSE:BNS) added 1.40 percent.
Goldcorp Inc. sacked 3.66 percent after announcing its plan to acquire Andean.
Copper for October delivery rose 0.21 percent to 3.50 U.S. dollars a pound on the New York Mercantile Exchange on Friday. Teck Resources Ltd., Canada's largest base-metals producer, advanced 2.37 percent.
In the United States, Canada's largest trade partner, private- sector payrolls increased 67,000 in August, according to data released by the U.S. Labor Department on Friday.
On the currency front, the Canadian dollar appreciated against its U.S. counterpart on Friday.
One U.S. dollar was buying 1.0385 Canadian dollars at market close, compared with one U.S. dollar buying 1.0525 Canadian dollars on Thursday.
