July 23 (Reuters) - Canada's main stock index rose on Tuesday, tracking gains in global equities as investors anticipate major central banks to cut interest rates in the near future.
* At 9:38 a.m. ET (1338 GMT), the Toronto Stock Exchange's S&P/TSX Composite index .GSPTSE was up 49.35 points, or 0.3%, at 16,568.23.
* A speeding autos sector and hopes for even lower borrowing costs buoyed world stocks on Tuesday. MKTS/GLOB
* Eight of the index's 11 major sectors were higher.
* The energy sector .SPTTEN climbed 0.4% as U.S. crude CLc1 prices were up 0.2%, while Brent crude LCOc1 added 0.1%. O/R
* The financials sector .SPTTFS gained 0.4%. The industrials sector .GSPTTIN rose 0.1%.
* However, the International Monetary Fund lowered its forecast for global growth this year and the next, warning that more U.S.-China tariffs, auto tariffs or a disorderly Brexit could further slow growth, weaken investment and disrupt supply chains. On the TSX, 156 issues were higher, while 71 issues declined for a 2.20-to-1 ratio favouring gainers, with 9.66 million shares traded.
* The largest percentage gainers on the TSX were Canfor Corp CFP.TO , which jumped 5.3%, followed by shares of Interfor Corp IFP.TO , which rose 3.3%.
* SNC Lavalin SNC.TO fell 4.7%, the most on the TSX, followed by those of Semafo Inc SMF.TO , which fell 3%.
* The most heavily traded shares by volume were Nemaska Lithium Inc NMX.TO , Royal Nickel RNX.TO and Erdene Resource Development ERD.TO .
* The TSX posted nine new 52-week highs and one new low.
* Across all Canadian issues there were 35 new 52-week highs and four new lows, with total volume of 21.87 million shares.