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CANADA STOCKS — TSX rises as resource stocks gain; markets weigh BoC outlook

Oct 16 (Reuters) — Canada's main stock index climbed to a more-than-one-month high on Friday, led by gains in materials and energy shares, while investors assessed Bank of Canada Governor Tiff Macklem's warning on persistent energy-price pressures on interest rates. The S&P/TSX Composite Index rose 0.8% to 36,406.48 points at 10:30 a.m. ET, its highest level since September 4. It was on track for a second consecutive weekly gain. The materials sector advanced 1% after prices of gold and silver rose GOL/ Brent crude fell 0.4% but remained above $100 a barrel, keeping attention on the energy sector, which rose 1.2% on Friday and is up more than 60% so far this year O/R Strength in commodity-linked shares helped lift the resource-heavy Canadian benchmark after a sharp, AI-driven technology selloff rattled global markets earlier this week, with a more limited impact on the TSX MKTS/GLOB "Materials, gold in particular, and copper, we're pretty bullish on those materials sectors. That could help TSX go higher," said Michael Dehal, a senior portfolio manager at Dehal Investment Partners at Raymond James Dehal said the index would be particularly sensitive to developments in the Middle Eas

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