CANADA STOCKS-Energy stocks lift TSX as oil jumps on supply concerns

(Updates prices, adds sector details)

March 24 (Reuters) - Canada's main stock index rose on Wednesday, with energy stocks climbing over 3% as crude prices gained on supply concerns after a ship ran aground in the Suez Canal.

* The energy sector climbed 3.1% as U.S. crude prices rose to $59.7 a barrel, while Brent crude rose to $62.8.

* Eight tug boats were attempting on Wednesday to free a 400-metre (440 yards) long container ship that ran aground in the Suez Canal, blocking vessels passing through one of the world's most important waterways.

* At 9:42 a.m. ET (13:42 GMT), the Toronto Stock Exchange's S&P/TSX composite index was up 92.74 points, or 0.5%, at 18,762.54.

* The largest percentage gainers on the TSX were Crescent Point Energy Corp (CPG), which jumped 4.9% after brokerage TD Securities hiked the price target of the oil producer's stock, and Air Canada (ACDVF), which rose 4.7%.

* The materials sector, which includes precious and base metals miners and fertilizer companies, added 0.2% as gold futures rose 0.4% to $1,731.5 an ounce.

* The financials sector gained 0.7%. The industrials sector rose 0.5%.

* On the TSX, 141 issues were higher, while 87 issues declined for a 1.62-to-1 ratio favouring gainers, with 21.87 million shares traded.

* Food processing firm Sunopta Inc fell 3.5%, the most on the TSX, and the second-biggest decliner was pharmaceuticals company Bausch Health Companies Inc, down 3.2%.

* The most heavily traded shares by volume were Canadian Natural Resources Limited, Power Corporation of Canada , and Athabasca Oil Corp.

* The TSX posted three new 52-week highs and no new lows.

* Across all Canadian issues there were 12 new 52-week highs and one new low, with total volume of 40.82 million shares. (Reporting by Amal S in Bengaluru; Editing by Ramakrishnan M.)

Copyright © Reuters 2008. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.

News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.