TORONTO, May 21 (Xinhua) -- Canada's main stock market reversed early losses and closed slightly higher on Tuesday despite a drop in precious metals miners as gold prices dipped to a more than two-week low.

The Toronto Stock Exchange's S&P/TSX Composite Index rose 24.72 points, or 0.15 percent, to 16,426.47 points.

On the market, a total of 133 issues rose while 101 fell. There were 15 new highs and 11 new lows, with total volume of 217.7 million shares.

The materials group, which includes precious and base metals miners and fertilizer companies, declined 1 percent, the most among 11 major sectors while the energy sector was up 0.7 percent as oil futures were steady.

The financial sector rose 0.6 percent while the industrial sector fell 0.4 percent. Enditem

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