Sun Life Financial Inc. and Manulife Financial Corp. advanced at least 1.2 percent to pace gains among financial stocks. BlackPearl Resources Inc. surged 3 percent as crude prices advanced for a second day. DragonWave Inc. (DWI), a network equipment maker, soared 14 percent after announcing a deal to sell its services into the Chinese market. Copper Mountain Mining Corp. added 5.1 percent after reporting improved production in the fourth quarter.
The Standard & Poor’s/TSX Composite Index (SPTSX) rose 54.60 points, or 0.4 percent, to 13,746.98 at 10:22 a.m. in Toronto.
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