(Adds details throughout, updates prices to close)
TORONTO, March 26 (Reuters) - Canada's main stock index
rebounded on Monday from a five-week low, led by consumer
discretionary and energy shares, as fears of a global trade war
receded.
* China scrambled to avert a trade war with premier Li
Keqiang reiterating pledges to ease access for American
businesses.
* The Toronto Stock Exchange's S&P/TSX composite index
closed up 74.82 points, or 0.49 percent, at 15,298.56.
On Friday, the index had posted its lowest close since Feb. 13.
* Shares of auto-parts company Magna International Inc
, which is sensitive to trade, climbed 3.9 percent to
C$71.20. The overall consumer discretionary group gained 1.4
percent.
* The energy group advanced 1.1 percent even as oil prices
slipped.
* Suncor Energy Inc rose 2.8 percent to C$44.09.
* U.S. crude oil futures settled 0.5 percent lower at
$70.12 a barrel as investors cashed in some profits from last
week's rally.
* The materials group, which includes precious and base
metals miners as well as fertilizer companies, added 0.8
percent.
* Industrials rose 0.8 percent as railroad shares climbed
and financials, which account for more than one-third of the
weight of the TSX, gained 0.3 percent.
* Seven of the index's 10 main groups rose.
* The largest percentage gainer on the TSX was Birchcliff
Energy Ltd , which rose 5.4 percent, while the largest
decliner was Eldorado Gold , down 6.0 percent.
(Reporting by Fergal Smith;
Editing by Sandra Maler)