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TSX rises 0.40 percent to 16,230.04

The Toronto Stock Exchange sign is seen in Toronto, Ontario, Canada July 6, 2017. REUTERS/Chris Helgren

The Toronto Stock Exchange's S&P/TSX rose 65.43 points, or 0.40 percent, to 16,230.04.

Leading the index were Aphria Inc, up 14.6 percent, Canfor Corp, up 5.1 percent, and New Gold Inc, higher by 4.7 percent.

Lagging shares were Uni-Select Inc, down 4.3 percent, Turquoise Hill Resources Ltd, down 3.8 percent, and Eldorado Gold Corp, lower by 3.5 percent.

On the TSX 136 issues rose and 100 fell as a 1.4-to-1 ratio favored advancers. There were 13 new highs and 11 new lows, with total volume of 191.1 million shares.

The most heavily traded shares by volume were Manulife Financial Corp, Enbridge Inc and Aphria Inc.

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The TSX's energy group rose 0.61 points, or 0.4 percent, while the financials sector climbed 2.35 points, or 0.8 percent.

West Texas Intermediate crude futures rose 1.71 percent, or $0.99, to $58.9 a barrel. Brent crude rose 2.04 percent, or $1.38, to $69.14 [O/R]

The TSX is up 13.3 percent for the year.