TSX rises 0.53 percent to 16,183.59
* The Toronto Stock Exchange's TSX rises 0.53 percent to 16,183.59
* Leading the index were Pan American Silver Corp PAAS.TO, up 8.0 percent, MAG Silver Corp MAG.TO, up 7.9 percent, and Iamgold Corp IMG.TO, higher by 7.9 percent.
* Lagging shares were Canopy Growth Corp WEED.TO, down 6.0 percent, Aphria Inc APHA.TO, down 5.7 percent, and Birchcliff Energy Ltd BIR.TO, lower by 5.4 percent.
* On the TSX 142 issues rose and 92 fell as a 1.5-to-1 ratio favored advancers. There were 27 new highs and 22 new lows, with total volume of 229.9 million shares.
* The most heavily traded shares by volume were Emera Inc EMA.TO, Air Canada AC.TO and Encana Corp ECA.TO.
* The TSX's energy group .SPTTEN fell 0.65 points, or 0.5 percent, while the financials sector .SPTTFS slipped 0.67 points, or 0.2 percent.
* West Texas Intermediate crude futures CLc1 rose 2.44 percent, or $1.31, to $54.95 a barrel. Brent crude LCOc1 rose 1.36 percent, or $0.8, to $59.5 O/R
* The TSX is up 13 percent for the year.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.