(Adds details throughout, updates prices) * TSX ends up 95.09 points, or 0.45%, at 21,265.10 * Financials rise 0.8%; materials end 0.6% higher * Energy declines 1% * Cenovus Energy gains 1.2% TORONTO, Nov 3 (Reuters) - Canada’s main stock index ended higher on Wednesday as investors looked to seasonal strength to help underpin recent gains and were not unnerved by the Federal Reserve’s announcement that it would begin tapering its bond-buying program. The Toronto Stock Exchange’s S&P/TSX composite index ended up 95.09 points, or 0.45%, at 21,265.10, moving closer to last week’s record closing high of 21,284.84. It follows a 4.8% gain in October, its biggest monthly gain in 11 months. The TSX could stretch its winning streak into November, which is considered a seasonally strong month, said Greg Taylor, a portfolio manager at Purpose Investments. U.S. stocks also gained on Wednesday, with major indexes hitting record highs, as the Fed said it would begin trimming its monthly bond purchases in November with plans to end them in 2022, an announcement that investors had been expecting. Financials, the most heavily weighted sector on the TSX, rose 0.8%, while the materials group, which includes precious and base metals miners and fertilizer companies, added 0.6%. The energy sector declined 1% as a bigger-than-expected rise in U.S. crude stocks pressured oil prices. U.S. crude oil futures settled 3.6% lower at $80.86 a barrel. Losses for energy were capped, however, by a 1.2% gain in the shares of Cenovus Energy Inc after the oil producer said it would double its dividend and buy back shares. (Reporting by Fergal Smith; Additional reporting by Amal S in Bengaluru; Editing by Peter Cooney)