(Updates at market close)

*

TSX ends up 1.4%, at 30,316.63

*

Posts its highest closing level since October 28

*

Materials group adds 3.8% as gold rallies

*

Eight of 10 major sectors end higher

By Fergal Smith

TORONTO, Nov 10 (Reuters) - Canada's main stock index

rose on Monday, with metal mining shares leading broad-based

gains as commodity prices climbed and investors grew hopeful the

U.S. government shutdown would soon end.

The S&P/TSX Composite Index ended up 404.44

points, or 1.4%, at 30,316.63, its highest closing level since

October 28.

Wall Street's main indexes also rose following signs of

progress in Washington to end a record government shutdown that

has stalled economic data releases and intensified concerns over

the state of the economy.

"There is relief that the government shutdown is coming to a

close," said Bipan Rai, head of ETF and alternatives strategy at

BMO Global Asset Management. "That's obviously lifting U.S.

stocks and I think there is a bit of carryover in terms of risk

momentum to the TSX."

The index clawed back the declines it had posted since the

start of November, moving back in sight of last month's record

high close of 30,637.12.

"It does feel like we're probably going to revisit those

highs we saw in October," Rai said, adding that the fundamental

backdrop remains constructive for a number of major sectors,

including financials, energy and materials.

The materials group, which includes metal mining

shares, jumped 3.8% as gold and copper prices

climbed. Shares of Barrick Mining ( B ) were up 5.3% after

the company beat quarterly profit estimates.

The price of oil settled 0.6% higher at $60.13 a barrel,

which helped lift the energy sector. Energy was up 1.5% and

technology added 2.2%. Shares of electronic equipment firm

Celestica Inc ( CLS ) advanced 6.9%.

Just two of the 10 major sectors ended lower, including

industrials, which dipped 0.2%.