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Healthcare, Energy Stocks Lift TSX

The Canadian stock market shrugged off weak global cues and sluggish commodity prices, and ended on a firm note today, led by gains in healthcare, energy, consumer staples in sectors.

Shares from real estate and utilities also moved higher, while materials and information technology stocks declined. Telecommunications and financial stocks ended mixed.

The market shrugged off concerns about U.S.-China trade war, and instead, focused on corporate earnings.

The benchmark S&P/TSX Composite Index ended up 98.42 points, or 0.65%, at 15,217.70, after scaling a low of 14,639.00 and a high of 15,136.81 - 15,217.70.

On Friday, the index ended down 30.87 points, or 0.20%, at 15,119.28.

The Capped Healthcare Index gained 4.37%. Aurora Cannabis (ACB.TO) rose nearly by 4%, Bausch Health Companies Inc. (BHC.TO) climbed up 5.5%, Canopy Growth Corporation (WEED.TO) jumped nearly 7.5%, Hexo Corp. (HEXO.TO) gained 3.7% and Aphria Inc. (APH.TO) added 1.35%.

The Capped Energy Index moved up 2.03%. Encana Corporation (ECA.TO) gained 3.5%, Canadian Natural Resources (CNQ.TO) advanced by 2.4%, Cenovus Energy (CVE.TO) ended nearly 3% up, Husky Energy (HSE.TO) gained 2.4%, Tourmaline Oil Corp. (TOU.TO) ended 3.7% up, while Suncor Energy (SU.TO) and ARC Resources (ARX.TO) gained 1.25% and 1.6%, respectively.''

Among bank stocks, Toronto-Dominion Bank (TD.TO), Bank of Montreal (BMO.TO) and Canadian Imperial Bank Of Commerce (CM.TO) ended with modest gains, while National Bank of Canada (NA.TO) gained nearly 1%. Royal Bank of Canada (RY.TO) declined marginally.

Among consumer staples stocks, Loblaw Companies (L.TO) jumped 4.8%, Metro Inc. (MRU.TO) rallied 3.7% and George Weston (WN.TO) closed higher by 2.4%.

Mega Uranium (MGA.TO) climbed up 16.7%. The Green Organi Dutchman Holdings (TGOD.TO) soared nearly 40%, BayTex Energy (BTE.TO) jumped 8.2% and Bombardier Inc. (BBD.B.TO) ended 0.6% down on high volumes.

NexGen Energy (NXE.TO) spurted 13.7%, Enbridge Inc. (ENB.TO) ended 2.9% down and Advantage Oil & Gas (AAV.TO) zoomed by 12.7%.

U.S. stocks ended mixed. While the Dow and the S&P 500 moved higher by 0.8% and 0.6%, respectively, the Nasdaq ended lower by about 0.4%.

Overall trading was somewhat subdued, as traders were reluctant to make significant moves ahead of Tuesday's highly anticipated midterm elections, which will decide control of both the House and Senate.

European markets finished flat and Asian markets retreated, as investors mostly stayed away on the sidelines.

In commodities, crude oil futures for December ended down $0.04, or less than 0.1%, at $63.10 a barrel.

Gold futures for December ended down $1.00, or less than 0.1%, at $1,232.30 an ounce.

Silver futures for December declined by $0.109, at $14.647 an ounce, while copper futures settled at $2.7560 per pound, losing $0.0510 for the session.

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