Canada stocks higher at close of trade; S&P/TSX Composite up 0.02%

Canada stocks higher at close of trade; S&P/TSX Composite up 0.02%

Nov 26, 2018

Canada stocks were higher after the close on Monday, as gains in the IT, Consumer Discretionary and Telecoms sectors led shares higher.

At the close in Toronto, the S&P/TSX Composite gained 0.02%.

The best performers of the session on the S&P/TSX Composite were Shopify Inc (TO:SHOP), which rose 7.41% or 13.200 points to trade at 191.450 at the close. Meanwhile, Hudson's Bay Company (TO:HBC) added 5.11% or 0.40 points to end at 8.23 and Air Canada (TO:AC) was up 4.74% or 1.240 points to 27.410 in late trade.

The worst performers of the session were Labrador Iron Ore Royalty Corp (TO:LIF), which fell 10.78% or 3.25 points to trade at 26.90 at the close. Aphria Inc (TO:APHA) declined 8.74% or 1.030 points to end at 10.750 and MacDonald Dettwiler and Associates Ltd (TO:MAXR) was down 8.26% or 1.89 points to 20.99.

Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 743 to 379 and 107 ended unchanged.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 13.36% to 15.82 a new 1-month low.

Gold Futures for February delivery was down 0.03% or 0.40 to $1228.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 2.48% or 1.25 to hit $51.67 a barrel, while the February Brent oil contract rose 2.74% or 1.62 to trade at $60.66 a barrel.

CAD/USD was down 0.13% to 0.7543, while CAD/EUR fell 0.04% to 0.6660.

The US Dollar Index Futures was up 0.18% at 97.002.

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