Toronto stocks closed higher on Monday as financial sector gains offset losses in energy and gold issues.

The S&P/TSX composite index moved up 32.26 points to 12,152.09.

Seven of the 10 TSX main sub-groups were up, with consumer staples rising 1.36% and financials increasing 1.01%.

In consumer staples, Cott Corp. rose $1.07, or 6.23%, to close at $18.25.

In financials, Bank of Nova Scotia rose 72¢, or 1.49%, to $48.93 — a day before the bank reports its quarterly earnings.

The energy sector fell 0.45%. Light, sweet crude for October delivery dropped US$1.85 to US$70.66.

The October futures contract for gold fell US$6.90 to US$623.90 an ounce.

The Canadian dollar fell 0.05¢ to close at US90.08¢.

The S&P/TSX Venture Exchange index increased a marginal 0.33 to close at 2,685.75.

In New York, markets rebounded Monday on news of falling energy prices.

The Dow Jones Industrial Average closed up 67.96 at 11,352.01. The Nasdaq Composite Index rose 20.41 points to reach an almost three-month high of 2,160.70, and the S&P 500 Index added 6.70 points to 1,301.79, also an almost three-month high.