Nov 7 (Reuters) - Canada's main stock index scaled six-week highs on Thursday, led by energy shares, as investor sentiment was boosted by signals that a "phase one" U.S.-China trade deal was close to being finalized.
China's commerce ministry said the world's two economic giants were working on a deal that would roll back trade tariffs in different stages. At 1002 a.m. ET (15:02 GMT), the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was up 80.29 points, or 0.48%, at 16,825.93.
* The energy sector .SPTTEN climbed 2.4% to its highest since Oct. 1 as U.S. crude CLc1 prices were up 1.9% a barrel, while Brent crude LCOc1 added 1.2%. O/R
* The financials sector .SPTTFS gained 0.6%. The industrials sector .GSPTTIN rose 0.7%.
* The materials sector .GSPTTMT , which includes precious and base metals miners and fertilizer companies, lost 0.5% as gold futures GCc1 fell 0.4% to $1,484.4 an ounce. GOL/ MET/L
* On the TSX, 154 issues were higher, while 75 issues declined for a 2.05-to-1 ratio favouring gainers, with 43.13 million shares traded.
* The largest percentage gainers on the TSX were Stantec Inc STN.TO , which jumped 9.5% after quarterly results beat estimates, and Chemtrade Logis CHE_u.TO , which rose 7.5% after an upgrade to 'buy' from Desjardins.
* Kinross Gold K.TO fell 11.2%, the most on the TSX. Semafo SMF.TO lost after the gold miner said five of its buses with a military escort came under fire on the road leading to its Boungou mine in the eastern region of Est in Burkina Faso. The most heavily traded shares by volume were Enbridge Inc ENB.TO , up 0.1%; Bombardier B BBDb.TO , up 2.9% and Manulife Finl MFC.TO , up 2.9%.
** Insurers Manulife and Sun Life SLF.TO rose after beating analysts' quarterly profit estimates, driven by strong demand in Asia, especially Hong Kong. Pot producer Canopy Growth WEED.TO rose after it teamed with Canadian rapper Drake to launch More Life Growth Co, a fully licensed producer of cannabis, based in the artiste's hometown, Toronto. The TSX posted 16 new 52-week highs and no new lows.
* Across all Canadian issues there were 107 new 52-week highs and 13 new lows, with total volume of 67.44 million shares.