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TSX rises on financials boost

A man walks past an old Toronto Stock Exchange (TSX) sign in Toronto, June 23, 2014. REUTERS/Mark Blinch

NEW YORK (Reuters) - - The Toronto Stock Exchange's S&P/TSX .GSPTSE rose 79.23 points, or 0.50 percent, to 15,808.63.

- The biggest contributor to the TSX gain was Royal Bank of Canada RY.TO with 9.76 net index points. Financials .SPTTFS were the top sector contributor with 31.12 net points. 

- Leading the index were Ivanhoe Mines Ltd IVN.TO, up 5.9 percent, Aphria Inc APH.TO, up 5 percent, and MEG Energy Corp MEG.TO, higher by 4.1 percent.

- Lagging shares were Dorel Industries Inc DIIb.TO, down 7.3 percent, NovaGold Resources Inc NG.TO, down 4.8 percent, and Element Fleet Management Corp EFN.TO, lower by 4.5 percent.

- On the TSX 143 issues advanced and 102 declined as a 1.4-to-1 ratio favored advancers. There were 16 new highs and one new low, with total volume of 203.5 million shares.

- The most heavily traded shares by volume were Bombardier Inc BBDb.TO, Cenovus Energy Inc CVE.TO and Baytex Energy Corp BTE.TO.

- The TSX's energy group .SPTTEN rose 0.41 point, or 0.21 percent, while the financials sector .SPTTFS climbed 1.71 points, or 0.58 percent.

- West Texas Intermediate crude futures CLc1 rose 0.24 percent, or $0.17, to $69.89 a barrel [O/R]

- The TSX is off 2.5 percent for the year.

Reporting by Chuck Mikolajczak; editing by Jonathan Oatis

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