Oct 7 (Reuters) - Canada’s main stock index rose on Wednesday, helped by gains in shares of mining stocks as bullion prices rose on fading worries over a halt in U.S. coronavirus stimulus talks.
* The materials sector, which includes precious and base metals miners, and fertilizer companies, added 1% as spot gold rose 0.43% to $1,885.2 per ounce.
* At 9:40 a.m. ET (13:40 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was up 128.13 points, or 0.79%, at 16,364.26.
* The energy sector climbed 0.5%, even as U.S. crude prices fell 2.2% a barrel and Brent crude lost 1.9%.
* On the TSX, 193 issues were higher, while 27 issues declined for a 7.15-to-1 ratio favouring gainers, with 14.42 million shares traded.
* The largest percentage gainers on the TSX were fuel-cell products developer Ballard Power, which jumped 5%, and Canada Goose Holdings Inc, which rose 3.9% after multiple brokerages hiked the price target of the stock.
* Packaged meat producer Maple Leaf Food fell 2%, the most on the TSX, after BMO cut the stock’s price target. The second biggest decliner was OceanaGold Corp, down 1.5%.
* The most heavily-traded shares by volume were Bank of Nova Scotia, Toronto-Dominion Bank, and Vivo Cannabis Inc.
* The TSX posted seven new 52-week highs and no new lows.
* Across all Canadian issues there were 12 new 52-week highs and two new lows, with a total volume of 24.26 million shares. (Reporting by Amal S; Editing by Ramakrishnan M.)