Toronto stocks were up Thursday, finding strength in the surging resource sectors despite weakness in the industrials sector and a lacklustre day in financials.

The S&P/TSX composite index gained 32.03, or 0.26%, to 12,410.23.

Six of the 10 TSX main sub-groups were up, with the energy sector moving up 0.61%.

Light, sweet crude for December delivery closed at a 2-week high, lifting $1.33 to end at US$61.16 a barrel on the New York Mercantile Exchange.

EnCana Corp. moved up 26¢, or 0.46%, to $57.21.

The materials index zoomed ahead 1.86%, with the gold sub-index surging 3.95%.

The December gold contract closed up $18.50 at US$636.80 an ounce on the Nymex.

Barrick Gold Corp. gained 72¢, or 2.17%, to $33.96.

The financials sector was off 0.10%. Manulife Financial fell 20¢, or 0.53%, to $37.80.

The industrials sector fell 1.00%. Quebecor Inc. fell 43¢, or 3.15%, to $13.20.

Canadian Tire posted a third-quarter profit of $95.4 million, up 13 per cent from the same period last year, but disappointing projections for the fourth quarter sent share prices lower. Canadian Tire fell $1.32, or 1.76%, to $73.68.

The S&P/TSX Venture composite index was up 37.58 points, or 1.43%, to 2,669.36.

The Canadian dollar was up 0.02 cent to US88.53¢ after Statistics Canada reported the country’s merchandise trade surplus narrowed to $4 billion in September from $4.2 billion in August.

In New York, markets were down on higher oil prices and weakness in the pharmaceutical sector.

The Dow Jones industrial average fell 73.24 points at 12,103.30, the S&P 500 lost 7.39 points to 1,378.83, while the Nasdaq composite index retreated 8.93 points at 2,376.01, after hitting a high of 2,401.33 during the session.