June 22 (Reuters) - Canada's main stock index rose on Friday, boosted by the energy sector that climbed after OPEC agreed on a modest increase in oil production.
* At 9:33 a.m. ET (1333 GMT), the Toronto Stock Exchange's S&P/TSX Composite index .GSPTSE was up 121.24 points, or 0.74 percent, at 16,456.39.
* The energy sector .SPTTEN climbed 3.1 percent after oil prices rose as much as 2 percent.
* OPEC's leader Saudi Arabia appeared to have persuaded arch-rival Iran to cooperate, after major consumers warned of a supply shortage. Eight of the index's 11 major sectors were higher, led by the energy group.
* Top boosts to energy were shares of Suncor Energy Inc SU.TO and Canadian Natural Resources Ltd CNQ.TO , gaining about 3.5 percent each.
* The financial sector .SPTTFS also helped boost the main index with its 0.4 percent gain.
* Economic data showed that Canada's inflation rate stayed unchanged in May and has exceeded the central bank's target. In other data, Canadian April retail sales dropped as bad weather hit auto sales. The decline in retail sales in April, combined with flat inflation figures for May, drove the Canadian dollar to a year-low and cut expectations of an interest rate increase next month. Canada is discussing changes to a multibillion-dollar fighter jet procurement process that could make it harder for a U.S. company to win the order as trade relations between the neighbors sour. On the TSX, 188 issues were higher, while 50 issues declined for a 3.76-to-1 ratio favouring gainers, with 10.62 million shares traded.
* Top advancers on the TSX were shares of oil and gas producers Cenovus Energy CVE.TO and TORC Oil & Gas Ltd TOG.TO , adding about 4.5 percent each.
* Top decliners on the TSX were shares of BRP Inc DOO.TO fell 4.5 percent after National Bank of Canada downgraded the stock.
* The second biggest percentage loser was The Stars Group TSGI.TO , down 2 percent after launching a senior notes offering.
* The most heavily traded shares by volume were Neovasc Inc NVCN.TO , Aurora Cannabis ACB.TO and Aphria Inc APH.TO .
* The TSX posted five new 52-week highs and no new lows.
* Across all Canadian issues there were 23 new 52-week highs and two new lows, with total volume of 19.59 million shares.