TSX Up Triple-digits As Commodities Rally -- Canadian Commentary

(RTTNews) - Canadian stocks surged higher Monday, trimming recent losses as rebounding crude oil prices lifted the energy sector.

Bay Street cheered the latest polls from the UK showing voters are reluctant to leave the European Union.

July WTI oil settled at $49.37/bbl, up $1.39, or 2.9%.

The S&P/TSX Composite Index rose 113.37 points, or 0.82 percent, to 14,015.14.

Mining stocks jumped 3.4 percent, energy shares rose 2.1 percent and banks added 0.9 percent.

Union workers at Bombardier's (BBD.B.TO) Toronto plant agree to company request to move assembly work on Q400 turboprop off shore. Shares rose 1 percent.

Convenience store operator Alimentation Couche-Tard (ATD.B.TO) has agreed to buy the assets of Premium 7 Network. Shares were up fractionally.