Aug 20 (Reuters) - Canada's main stock index rose on Monday as rising metal prices led to gains in material stocks, with hopes of resolution in the U.S.-China trade dispute boosting the sentiment.
* At 9:34 a.m. ET (13:34 GMT), the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was up 16.22 points, or 0.1 percent, at 16,339.93.
* The United States and China will hold lower-level talks on Aug. 22 and 23, according to the Wall Street Journal, just as new U.S. tariffs on $16 billion of Chinese goods take effect, along with retaliatory tariffs from Beijing on an equal amount of U.S. goods. 8 of the index's 11 major sectors were higher, led by the materials sector .GSPTTMT which rose added 0.6 percent.
* First Quantum Minerals' FM.TO 2.4 percent gain and Barrick Gold Corp 's ABX.TO 1.3 percent rise were the biggest boost to the index.
* Gold futures GCc1 rose 0.8 percent to $1,185.8 an ounce, while copper prices CMCU3 advanced 1.0 percent to $5,983 a tonne. GOL/ MET/L
* The energy sector .SPTTEN dropped 0.1 percent as U.S. crude CLc1 prices were down 0.2 percent a barrel. Brent crude LCOc1 added 0.2 percent. O/R
* Shares of Enbridge ENB.TO and Canadian Natural Resources CNQ.TO fell 0.1 percent and were the biggest lags on the energy group.
* The largest percentage gainers on the TSX were Aurora Cannabis ACB.TO , which jumped 5.4 percent and New Gold NGD.TO , which rose 4.6 percent after Cannccord Genuity raised rating to "hold" from "sell".
* Kinross Gold K.TO fell 2.1 percent, the most on the TSX, after RBC cut rating to "sector perform" from "outperform". The second biggest decliner was Boardwalk REIT BEI_u.TO , down 0.9 percent.
* The most heavily traded shares by volume were Aurora Cannabis ACB.TO , Coro Mining Corp COP.TO , and Canopy Growth Co WEED.TO .
* On the TSX, 154 issues were higher, while 68 issues declined for a 2.26-to-1 ratio favouring gainers, with 7.59 million shares traded.
* The TSX posted two new 52-week highs and no new lows.
* Across all Canadian issues there were 18 new 52-week highs and four new lows, with total volume of 14.87 million shares.