November 7, 2018 / 3:19 PM / 9 days ago

CANADA STOCKS-Technology shares drive gains on TSX

Nov 7 (Reuters) - Canada's main stock index rose on Wednesday, after robust quarterly results in some technology companies improved market sentiment.

* At 9:36 a.m. ET (1436 GMT), the Toronto Stock Exchange's S&P/TSX Composite index was up 71.06 points, or 0.46 percent, at 15,363.77.

* Six of the index's 11 major sectors were higher, led by the technology stocks, which jumped over 2 percent.

* Helping tech was a 4.6 percent rise in CGI shares and a 7.3 percent jump in shares of Solium Capital Inc as both companies posted upbeat quarterly results.

* The energy sector rose 1.6 percent, after oil prices rebounded to $73 a barrel, buoyed by a report that Russia and Saudi Arabia are discussing whether to cut crude output next year.

* U.S. crude prices were up 0.5 percent, while Brent crude added 0.9 percent.

* The Canadian dollar strengthened against the greenback, which broadly fell after the results of the U.S. midterm congressional elections and as oil prices rose.

* On the TSX, 181 issues were higher, while 54 issues declined for a 3.35-to-1 ratio favouring gainers, with volumes touching 13.42 million shares.

* Top percentage gainer on the TSX was Home Capital Group , which jumped 17.5 percent after quarterly earnings beat estimates.

* Keyera Corp fell 10.3 percent, the most on the TSX, after posting quarterly earnings that fell below expectations.

* The most heavily traded shares by volume were shares of cannabis firms Aurora Cannabis, up 4.1 percent, Aphria Inc, up 3.3 percent, and The Green Organic Dutchman Holdings, up 4.3 percent.

* Cannabis stocks may have also been boosted by news of another state in the United States, Michigan, legalising marijuana and as Mexico moved towards a major rollback of a prohibition on the drug.

* The TSX posted one new 52-week high and seven new lows.

* Across all Canadian issues, there were three new 52-week highs and 10 new lows, with total volume touching 20.64 million shares. (Reporting by Shreyashi Sanyal in Bengaluru; Editing by James Emmanuel)

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