TSX rises 0.08 percent to 16,588.85

The Toronto Stock Exchange's  S&P/TSX <.GSPTSE> rose 12.65 points, or 0.08 percent, to 16,588.85.

Leading the index were Richelieu Hardware Ltd , up 11.1 percent, MEG Energy Corp , up 3.9 percent, and Ensign Energy Services Inc , higher by 3.9 percent.

Lagging shares were OceanaGold Corp , down 5.6 percent, Turquoise Hill Resources Ltd , down 3.6 percent, and Russel Metals Inc , lower by 2.8 percent.

On the TSX 119 issues rose and 110 fell as a 1.1-to-1 ratio favored advancers. There were 3 new highs and 3 new lows, with total volume of 58.0 million shares.

The most heavily traded shares by volume were Toronto-dominion Bank , Bank Of Nova Scotia  and Oceanagold Corp .

The TSX's energy group <.SPTTEN> rose 0.94 points, or 0.7 percent, while the financials sector <.SPTTFS> slipped 0.06 points, or 0.0 percent.

West Texas Intermediate crude futures  fell 0.94 percent, or $0.54, to $56.8 a barrel. Brent crude   fell 1 percent, or $0.64, to $63.18

The TSX is up 15.8 percent for the year.