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Canada's main stock market is up more than 60 points at 11,738 with an hour to go Thursday, leaving it roughly half way between a day level of 11,812.16 hit inside the opening hour and a day low 11,682.70 touched near midday.

A big catalyst for the gains, which look like ending a run of six straight losses for the market, lies in investor support for Bombardier Inc. (BBD-B.TO).

Bombardier, which fell more than 5% and closer to a year low $3.30 with around 13 million shares traded yesterday, has recovered today's early losses that saw it touch $3.53, and it is now up 11 cents at $3.80, having touched $3.81 with another near 18 million shares traded. It is easily the most active stock on the TSX.

Bombardier reported first quarter net income of $190 million, compared to $220 milion for the previous corresponding period. Diluted earnings per share ( EPS ) was $0.10 for the three-month period ended March 31, 2012, compared to diluted EPS of $0.12 for the corresponding period last fiscal year. Revenue fell 25% to $3.50 billion.

Analysts, on average, expected earnings of 10 cents per share, on revenue of $4.52 billion, according to Thomson Reuters IBES.

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