Oct 11 (Reuters) - Canada’s main stock index was on course to rise for the third day on Friday on robust domestic jobs data, and as hopes for a partial trade deal between the United States and China also supported the sentiment.
* At 10:04 a.m. ET (14:04 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was up 74.21 points, or 0.45%, at 16,496.89.
* Second day of Sino-U.S. trade negotiations were set to resume on Friday, a day after President Donald Trump said the negotiations were going well.
* Latest data showed the Canadian economy added 53,700 net jobs in September, much more than expectations of an increase of 10,000.
* Seven of the index’s 11 major sectors were higher.
* The energy sector climbed 1.7% on the back of higher oil prices, lifted by a report of an attack on an Iranian oil tanker.
* U.S. crude prices were up 1.1% a barrel and Brent crude added 1.3%.
* Energy stocks also got a boost from shares of Tourmaline Oil Corp, which jumped 13.9% and were the largest percentage gainers on the TSX, after the company announced it would form a infrastructure energy company called Topaz Energy Corp.
* The second biggest gainer was Gran Tierra Energy Inc , which rose 5.4%.
* The financials sector gained 0.6% and the industrials sector 0.5%.
* The materials sector, which includes precious and base metals miners, lost 1%, as demand for riskier bets dented demand for gold.
* Gold futures fell 0.9% to $1,481.7 an ounce.
* On the TSX, 134 issues were higher, while 95 issues declined for a 1.41-to-1 ratio favouring gainers, with 15.18 million shares traded.
* MTY Food Group Inc fell 6.7%, the most on the TSX, after the quick-service restaurants operator reported disappointing quarterly profit.
* The second biggest decliner was SSR Mining Inc, down 3.9%.
* The most heavily traded shares by volume were Aurora Cannabis, Hexo Corp and The Green Organic Dutchman Holdings.
* The TSX posted three new 52-week highs and three new lows.
* Across all Canadian issues, there were six new 52-week highs and 14 new lows, with total volume of 25.62 million shares. (Reporting by Medha Singh in Bengaluru; Editing by Shinjini Ganguli)