NEW YORK (CNNfn) - Stocks in Toronto managed to keep their edge Tuesday, aided in part by strong performances in the oil and gas sector.
The Toronto Stock Exchange's 300 Composite Index closed up 32.92 points, or 0.52 percent, at 6,399.80.
More than half of the exchange's 14 subindexes finished in positive territory, led by a 2.14 percent rise in oil and gas stocks. Other leading gainers included the utilities and communications and media groups, which climbed 2.08 percent and 1.58 percent, respectively.
Gold and precious metals led the losing sectors by a wide margin, shedding 2.45 percent. In that group, Placer Dome sank C$1.05, or 4.63 percent, to trade at C$21.65, and Barrick Gold fell C$0.55, or 1.86 percent, to C$29.05.
Other high-volume stocks for the day included BCE Inc., which rose C$2.00, or 3.69 percent, to C$56.15, and Northern Telecom, which moved up C$1.35, or 1.82 percent, to C$75.70.
Elsewhere in Canada, stocks in Montreal rose 14.48 points, or 0.44 percent, to close at 3,330.38, while shares in Vancouver fell 5.07 points, or 1.31 percent, to finish at 382.71.
-- from staff and wire reports
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