Toronto stocks moved higher Monday, primarily on the strength of the resource sectors.
The S&P/TSX composite index gained 65.22, or 0.49%, to 13,302.88.
Six of the 10 TSX main indexes closed higher.
The materials index gained 1.28%.
Anglo-Swiss miner Xstrata Plc intends to acquire Toronto-based LionOre Mining International Ltd. Shares in LionOre Mining surged $1.80, or 10.30%, to $19.29
Hudbay Minerals Inc. gained $1.12, or 5.54%, to $21.32.
The gold sector gained 0.43%. Gold futures moved up US$6.60 to US$663.90 an ounce.
Goldcorp Inc. gained 36¢, or 1.25%, to $29.26.
The energy sector lifted 0.88%. Light, sweet crude gained 63¢ to close at US$62.91 a barrel.
EnCana Corp. rose 96¢, or 1.70%, to $58.96.
The S&P/TSX Venture composite index rose 20.49, or 0.65%, to 3,175.03.
In New York, markets ended mixed and little changed as investors remained nervous about the housing sector, despite encouraging economic reports elsewhere.
The Dow Jones industrial average fell 11.94 points at 12,469.07, the S&P 500 edged up 1.39 point at 1,437.50, and the Nasdaq composite index gained 6.70 to 2,455.63.