By Micah Maidenberg
The S&P/TSX Composite Index rose 139 points, or 0.9%, on Thursday, closing at 16404.
The blue-chip S&P/TSX Index increased 8 points, or 0.9%, to about 978.
Manulife Financial Corp. (MFC.T) rose 1.8% Thursday to close at C$22.29 a share. The Toronto financial-service company reported on Wednesday an adjusted profit for the second quarter of 72 Canadian cents (54 cents), beating the consensus estimate on FactSet by a penny. Manulife Chief Executive Roy Gori said results were strong in the U.S. in the quarter and its core earnings in Asia grew by double digits.
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