UPDATE 3-Toronto stocks climb 200 pts on robust resources

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By Leah Schnurr

TORONTO, May 2 (Reuters) - The Toronto Stock Exchange's main index powered more than 200 points higher on Friday, spurred on by resurgent resources and easing worries over the health of the U.S. economy.

Fertilizer company Agrium Inc. (AGU.TO: Quote, Profile, Research, Stock Buzz) was the biggest net gainer after it said it returned to profit in the first quarter. Agrium shot up C$4.40, or 5.5 percent, to C$84.00.

Energy and materials companies helped fuel the surge as they benefited from a rebound in commodity prices. In the oil and gas sector, Suncor Energy (SU.TO: Quote, Profile, Research, Stock Buzz) rose C$3.05, or 2.8 percent, to C$113.65, and Canadian Natural Resources (CNQ.TO: Quote, Profile, Research, Stock Buzz) was up C$2.53, or 3 percent, at C$87.27. Overall, the group put on 2.1 percent.

The S&P/TSX composite index .GSPTSE closed up 214.47 points, or 1.52 percent, at 14,280.28 in an across-the-board rally. The benchmark was up 1.3 percent for the week.

The materials sector, which houses resource shares, added 2.2 percent, helped by Agrium's advance, as well as that of Potash Corp of Saskatchewan (POT.TO: Quote, Profile, Research, Stock Buzz), which rose C$4.26, or 2.3 percent, to C$190.81.

The gold producers subindex gained 1.5 percent, with Agnico-Eagle Mines (AEM.TO: Quote, Profile, Research, Stock Buzz) up C$1.43, or 2.3 percent, at C$63.88, while Centerra Gold (CG.TO: Quote, Profile, Research, Stock Buzz) rose 58 Canadian cents, or 6.8 percent, to C$9.06.

Data that showed a smaller than expected decline in jobs in the United States for April calmed nerves over whether the U.S. might fall into a deep recession, and helped set a positive tone on the Toronto benchmark early in the day.