TSX rises 0.42 percent as energy climbs

NEW YORK (Reuters) - The Toronto Stock Exchange's S&P/TSX rose 69.21 points, or 0.42 percent, to 16,383.63. The biggest contributor to the TSX gain was TransCanada, while the top sector contributor was energy. Leading the index were Canada Goose Holdings Inc , up 9.8 percent, Bombardier Inc , up 6.4 percent, and Lucara Diamond Corp , higher by 6.1 percent. Lagging shares were Baytex Energy Corp , down 12.3 percent, Valeant Pharmaceuticals International Inc, down 12.3 percent, and Raging River Exploration Inc, lower by 10.0 percent. On the TSX 161 issues advanced and 78 declined as a 2.1-to-1 ratio favored advancers. There were 22 new highs and no new lows, with total volume of 203.1 million shares. The most heavily traded shares by volume were Baytex Energy Corp , Raging River Exploration Inc and Bombardier Inc. The TSX's energy group rose 2.78 points, or 1.43 percent, while the financials sector climbed 0.64 points, or 0.21 percent. West Texas Intermediate crude futures rose 1.11 percent, or $0.72, to $65.78 a barrel. Brent crude rose 2.48 percent, or $1.82, to $75.26 [O/R] The TSX is up 1.1 percent for the year. (Reporting by Caroline Valetkevitch)