Toronto stocks closed higher Monday, with a strong day in energy, materials and financials.

The S&P/TSX composite index gained 83.58 points, or 0.69%, to 12,119.15.

Nine of the 10 TSX main sub-groups were up, with just health care index declining, down 0.36%.

Light, sweet crude for December delivery closed down 52¢ at US$58.81 a barrel.

The energy index was up 1.23%.

Shares in Shell Canada leaped 29.73% to $42.55 after parent Royal Dutch Shell Plc offered $7.7 billion to buy the 22% of the company that the energy giant firm doesn’t already own.

Also in energy, Canadian Natural Resources gained $1.68, or 3.03%, to $57.08.

The materials index gained 0.62%, while the gold sub-index gained 0.59%.

Iamgold Corp. moved up 8¢, or 0.84%, to $9.61.

The financial index moved up 0.82%, with Manulife Financial Corp. up 25¢, or 0.69%, to $36.68.

The December contract for gold ended down $13.50 at US$582.90 an ounce.

The Canadian dollar was down 0.26 of a cent to US88.63¢.

The S&P/TSX Venture composite index lifted 4.58, or 0.19%, to 2,461.27.

In New York, markets rallied on strong corporate earnings news.

The Dow Jones industrial average closed up 114.54 points at 12,116.91, setting another new record. The Nasdaq composite gained 13.26 points to 2,355. The S&P 500 Index closed up 8.42 points at 1,377.02.