Oct 6 (Reuters) - Canada’s main stock index rose on Tuesday, lifted by energy stocks as oil prices soared on supply disruptions in Norway, a new hurricane in the Gulf of Mexico and U.S. President Donald Trump’s return to the White House from hospital.
* The energy sector climbed 2.3% as U.S. crude prices climbed 3.5% a barrel, while Brent crude added 3.2%.
* At 9:38 a.m. ET (13:38 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was up 11.59 points, or 0.07%, at 16,421.78.
* The country’s trade deficit in August narrowed slightly to C$2.45 billion ($1.85 billion) as exports and imports stabilized after two months of strong growth, Statistics Canada said.
* The materials sector, which includes precious and base metals miners and fertilizer companies, added 0.2% as gold futures rose 0.2% to $1,916.2 an ounce.
* On the TSX, 99 issues were higher, while 115 issues declined for a 1.16-to-1 ratio to the downside, with 16.06 million shares traded.
* The largest percentage gainer on the TSX was Vermilion Energy Inc, which jumped 6% after brokerage Canaccord Genuity upgraded the oil producer to “speculative buy” from “hold”.
* New Gold Inc followed, advancing 5.8%.
* Cascades Inc fell 7.1%, the most on the TSX, after the paper and packaging company announced plans to proceed with the Bear Island mill conversion project.
* The second biggest decliner was electric utility Brookfield Renewable Partners L.P, down 3.9%.
* The most heavily traded shares by volume were Bank of Nova Scotia, Toronto-Dominion Bank and Suncor Energy Inc.
* The TSX posted six new 52-week highs and no new lows.
* Across all Canadian issues, there were 17 new 52-week highs and one new low, with total volume of 27.12 million shares. (Reporting by Amal S; Editing by Sriraj Kalluvila)