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MARKETS LIVE BLOG:

STOCKS CLIMB AS RALLY CONTINUES ON FED HOPES

Energy stocks lead gains on Monday after oil edges higher

National Bank of Canada's quarterly profit rises 12.5 percent

Reuters

(Reuters) - National Bank of Canada (Toronto:NA.TO - News), the country's sixth-largest lender, reported a 12.5 percent rise in quarterly profit, largely helped by its financial markets business.

The company's net income attributable to shareholders rose to C$388 million ($311.7 million), or C$1.13 per share, in the second quarter ended April 30 from C$345 million, or C$1.01 per share, a year earlier.

(Reporting by Sneha Banerjee in Bengaluru; Editing by Sriraj Kalluvila)