2 months ago
Stock Market

Canada stocks higher at close of trade; S&P/TSX Composite up 0.49%

Investing.com – Canada stocks were higher after the close on Tuesday, as gains in the Energy, IT and Utilities sectors

Investing.com – Canada stocks were higher after the close on Tuesday, as gains in the Energy, IT and Utilities sectors led shares higher.

At the close in Toronto, the S&P/TSX Composite gained 0.49% to hit a new 1-month high.

The best performers of the session on the S&P/TSX Composite were Precision Drilling Corporation (TO:PD), which rose 6.79% or 0.19 points to trade at 2.99 at the close. Meanwhile, CES Energy Solutions Corp (TO:CEU) added 5.22% or 0.180 points to end at 3.630 and Husky Energy Inc . (TO:HSE) was up 4.73% or 0.70 points to 15.51 in late trade.

The worst performers of the session were First Majestic Silver Corp. (TO:FR), which fell 10.09% or 0.80 points to trade at 7.13 at the close. Aphria Inc (TO:APHA) declined 5.04% or 0.470 points to end at 8.860 and New Gold Inc (TO:NGD) was down 4.86% or 0.070 points to 1.370.

Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 557 to 528 and 100 ended unchanged.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 5.74% to 17.42 a new 1-month low.

Gold Futures for February delivery was down 0.16% or 2.05 to $1289.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 3.11% or 1.57 to hit $52.08 a barrel, while the March Brent oil contract rose 2.78% or 1.64 to trade at $60.63 a barrel.

CAD/USD was up 0.13% to 0.7536, while CAD/EUR rose 0.68% to 0.6601.

The US Dollar Index Futures was up 0.35% at 95.540.