dec 7 reuters  canadas main stock index hit a oneweek high on tuesday underpinned by gains in energy shares as concerns around the omicron coronavirus variant eased at 940 am et 1440 gmt the toronto stock exchanges sptsx composite index gsptse was up 26607 points or 128 at 2112717 extending previous sessions gains the energy sector sptten climbed 29 with oil prices rising for a second day as concerns over the impact of the omicron coronavirus variant on global fuel demand eased people referred to this period as a santa claus rally and i see some of that taking place now as we hit the end of the year and investors who were heavy in cash or who missed the market might feel compelled to invest money said irwin michael a portfolio manager at abc funds adding to gains were torontolisted technology stocks sptttk up 27 tracking gains in us techheavy nasdaq ixic index following a volatile start to december marked by concerns about the omicron coronavirus variant and a hawkish outlook from the united states federal reserve the benchmark index has gained ground this week as investors believe the recent selloff was overdone among individual shares enbridge inc enbto gained 19 after the pipeline operator forecast higher core earnings in 2022 and announced a share repurchase of up to c15 billion 118 billion betting on rising demand for oil and gas read more on the economic front canada posted a trade surplus of c209 billion 165 billion in october the largest in almost 10 years statistics canada said read more dye  durham ltd dndto was the biggest percentage gainer on the index after multiple brokerages raised the price target on the it service providers stock the tsx posted two new 52week highs and no new low across canadian issues there were seven new 52week highs and seven new lows with total volume of 4842 million shares reporting by amal s in bengaluru editing by vinay dwivedi