Toronto stocks moved higher, as the energy sector, fuelled by higher oil prices, led the broader market forward.

The S&P/TSX composite index gained 52.44, or 0.38%, to 13,756.72.

Seven of the 10 TSX main sub-groups were up on the session.

The energy index gained 1.46%.

Light, sweet crude for October delivery rose $1.68 to US$79.91.

Canadian Oil Sands Trust units gained 93¢, or 2.83%, to $33.75.

The information technology sector gained 0.51%.

Nortel Networks Corp. gained 24¢, or 1.37%, to $17.82.

The materials index fell 0.35%, and the gold sub-index fell 0.30%.

Gold for December delivery finished down 40¢ at US$720.70 an ounce.

Kinross Gold Corp. fell 2¢, or 0.14%, to $14.42.

The Canadian dollar moved up 0.51 of a cent to US96.5¢.

The S&P TSX Venture Exchange gained 12.00, or 0.44%, to 2,727.63.

In New York, markets moved modestly lower as investors took note of the higher price of oil and anticipated the U.S. Federal Reserve’s interest rate decision next week.

The Dow Jones industrial average fell 16.74, or 0.13%, to 13,291.65, the Nasdaq composite index fell 5.40, or 0.21%, to 2,592.07, and the S&P500 ended essentially flat, up 0.07 of a point to 1,471.56.