TSX rises 0.38 percent, helped by materials

A logo for TMX Group, which operates the Toronto Stock Exchange, is seen after the company announced it was shutting down all markets for the rest of the day after experiencing issues with trading on all its exchange platforms in Toronto, Ontario, Canada April 27, 2018. REUTERS/Chris Helgren

SAN FRANCISCO (Reuters) - The Toronto Stock Exchange’s S&P/TSX rose 61.68 points, or 0.38 percent, to 16,183.93 points.

The biggest contributor to the TSX gain was Nutrien and materials was the top sector contributor, up 1.7 percent.

Leading the index were Aurora Cannabis Inc , up 12.4 percent, Valeant Pharmaceuticals International Inc , up 7.5 percent, and First Quantum Minerals Ltd , higher by 7.1 percent.

Lagging shares were IAMGOLD Corp , down 3.9 percent, Empire Company Ltd, down 3.7 percent, and Dream Global REIT DRG_u.TO, lower by 3.1 percent.

On the TSX 136 issues advanced and 106 declined as a 1.3-to-1 ratio favored advancers. There were 16 new highs and 2 new lows, with total volume of 184.9 million shares.

The most heavily traded shares by volume were Aurora Cannabis Inc , Aphria Inc and Canopy Growth Corp.

The TSX’s energy group rose 0.08 points, or 0.04 percent, while the financials sector climbed 0.77 points, or 0.26 percent.

West Texas Intermediate crude futures fell 0.61 percent, or $0.4, to $65.12 a barrel. Brent crude rose 0.61 percent, or $0.46, to $75.84 [O/R]

The TSX is off 0.2 percent for the year.

Reporting by Noel Randewich