(Adds strategist quotes and details throughout; updates prices)
* TSX ends up 101.62 points, or 0.5%, at 21,086.99
* Technology group climbs 1.1%; healthcare ends 6.6% higher
* Blackberry Ltd jumps 13.4%
* Energy group rises 0.4%; financials gain 0.5%
TORONTO, Oct 19 (Reuters) - Canada's main stock index rose
to a record high on Tuesday, led by technology and cannabis
stocks, as investors bet that earnings seasons would be
supportive of the market even as the earnings growth rate starts
The Toronto Stock Exchange's S&P/TSX composite index
ended up 101.62 points, or 0.5%, at 21,086.99, a
record closing high.
Canadian National Railway Co reported third quarter
results after the close, while some other major stocks are due
to report over the coming days.
"The markets are going to be looking much more through some
of the headline risk to the underlying fundamentals of the
individual companies and sectors," said Kevin Headland, senior
investment strategist at Manulife Investment Management.
"Perhaps the earnings growth rate is starting to slow, but
it still remains quite strong and positive."
The technology group climbed 1.1% on Tuesday, led by a 13.4%
jump in the shares of Blackberry Ltd. Healthcare was up
6.6%, including sharp gains for some cannabis producers.
After snapping a seven-month winning streak in September,
the Canadian equity index has gained 5.1% so far this month,
aided by strength in commodity prices.
U.S. crude oil futures settled 0.6% higher at $82.96
a barrel as an energy supply crunch continued across the
The energy group rose 0.4%, while the heavily weighted
financial services group advanced 0.5% as bond yields climbed.
(Reporting by Fergal Smith; Additional reporting by Amal S in
Editing by Alistair Bell)