CANADA STOCKS-TSX gains 1.2% as tech and mining shares climb

Updates at market close

By Fergal Smith

Feb 5 (Reuters) - Canada's main stock index closed up on Wednesday, led by gains for technology and metal mining shares, as Canada's reprieve from U.S. trade tariffs continued to bolster sentiment ahead of domestic and U.S. jobs data at the end of the week.

The S&P/TSX composite index .GSPTSE ended up 290.49 points, or 1.2%, at 25,569.84, its second straight day of gains.

It follows news earlier this week of a 30-day pause on U.S. trade tariffs which had been due to take effect on Tuesday.

"The market believes that the tariffs aren't going to happen ... they'll come to some agreement before the end of the month," said Allan Small, senior investment advisor of the Allan Small Financial Group with iA Private Wealth.

"Now we're all waiting for the big jobs number on Friday."

U.S. and Canadian jobs employment data for January is due on Friday, which could help guide expectations for additional interest rate cuts from the Federal Reserve and the Bank of Canada.

Economists forecast that Canada's economy added 25,000 jobs, downshifting from roughly 91,000 in December.

The technology sector rose 2.9%, with shares of electonics firm Celestica Inc CLS.TO up 8.8%.

The materials group, which includes fertilizer companies and metal mining shares, climbed 1.9% as copper HGc1 prices rose and gold XAU= moved to a new record high.

All ten major sectors ended higher, including a gain of 0.8% for heavily weighted financials, clawing back some recent declines.

Real estate was up 1.7% as bond yields fell.

Home sales in the Greater Toronto Area, which includes Canada's most populous city, rebounded 10% in January as new listings climbed.