Updates at market close

By Tharuniyaa Lakshmi and Fergal Smith

TORONTO, June 12 (Reuters) - Canada's main stock index moved closer to a record high on Friday, led by gains for metal mining shares, as hopes for an imminent peace deal in the Middle East boosted investor sentiment globally.

The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE ended up 266.39 points, or 0.8%, at 34,937.85 points, marking the highest closing level since the index posted a record high on June 4. For the week, the index was up 1.5%.

• The U.S. benchmark S&P 500 also rose as the United States and Iran signaled that an agreement to end their war was close and as SpaceX shares surged in their debut.

• "I'd say right now there is optimism this will be a lasting peace," said Shiraz Ahmed, founder at Sartorial Wealth.

• The materials group .GSPTTMT, which includes metal mining shares, was up 3.1%.

• A peace deal could help ease concerns over rising inflation and slower economic growth, boosting copper prices HGc1 by 2.7%.

• On Wednesday, the Bank of Canada said it will not let higher energy prices become persistent inflation as it left its benchmark interest rate on hold at 2.25%.

• Heavily weighted financials .SPTTFS added 0.9% and consumer discretionary .GSPTTCD ended 0.7% higher.

• Shares of Apotex Health APTX.TO were up 5.4%, adding to gains since the generic drugmaker made its market debut on Wednesday in the TSX's largest IPO in five years.

• Four of the 10 major sectors ended lower, including technology .SPTTTK, which lost 1% and energy .SPTTEN

• Energy was down 0.5% as the price of oil CLc1 settled 3.2% lower at $84.88 a barrel.