India, Aug. 16 -- The Canadian market opened on a firm note Friday morning and gained in strength as the session progressed, with stocks from across various sectors scoring strong gains.

Hopes of further stimulus from global central banks and higher crude oil prices supported the market.

Healthcare, information technology, financial, industrial and energy stocks moved higher. Stocks from consumer staples, consumer discretionary and utilities sections too posted notable gains. Materials shares were exhibiting weakness.

The benchmark S&P/TSX Composite Index was up 129.64 points, or 0.81%, at 16,142.17 at noon.

On Thursday, the benchmark S&P/TSX Composite Index ended down 33.41 points or 0.2% at 16,012.53, the lowest closing level in five ...