August 29, 2018 / 2:49 PM / 3 months ago

CANADA STOCKS-TSX led higher by healthcare stocks as Canada resumes NAFTA talks

Aug 29 (Reuters) - Canada's main stock index rose on Wednesday as the country's top trade negotiator continued talks to preserve a three-nation NAFTA trade pact following Monday's deal.

* At 10:01 a.m. ET (14:01 GMT), the Toronto Stock Exchange's S&P/TSX composite index was up 26.17 points, or 0.16 percent, at 16,381.71.

* Canada and United States are set to tackle their contentious issues in bilateral talks on Wednesday, as the two nations work to salvage the North American Free Trade Agreement amid signs Ottawa was open to taking a more conciliatory approach.

* Eight of the index's 11 major sectors were higher led by a 1 percent rise in the healthcare sector.

* Cannabis stocks gained after Tilray Inc reported quarterly results for first time as publicly traded company.

* Aurora Cannabis, Aphria Inc and Canopy Growth Co rose between 2-2.9 percent and were the most heavily traded shares by volume on TSX.

* The energy sector climbed 0.3 percent as U.S. crude prices were up 0.9 percent a barrel, while Brent crude added 0.6 percent.

* The heavyweight financials sector fell 0.2 percent as Bank of Nova Scotia and Fairfax Financial each down about a percent lagged the most.

* The industrials sector rose 0.3 percent.

* The materials sector, which includes precious and base metals miners and fertilizer companies, added 0.1 percent.

* Gold futures fell 0.4 percent to $1,202.4 an ounce, while copper prices declined 0.8 percent to $6,098.5 a tonne.

* On the TSX, 107 issues were higher, while 119 issues declined for a 1.11-to-1 ratio to the downside, with 12.79 million shares traded.

* The largest percentage gainers on the TSX were auto parts maker Martinrea International, which jumped 3.1 percent and Aphria Inc, which rose 2.9 percent.

* Eldorado Gold fell 1.5 percent, the most on the TSX. The second biggest decliner was Bausch Health Co, down 1.4 percent.

* The TSX posted one new 52-week high and no new lows.

* Across all Canadian issues there were nine new 52-week highs and five new lows, with total volume of 18.88 million shares. (Reporting by Medha Singh in Bengaluru; Editing by Shounak Dasgupta)

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