Canada stocks higher at close of trade; S&P/TSX Composite up 0.20%

Canada stocks higher at close of trade; S&P/TSX Composite up 0.20%

Jul 22, 2019

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

At the close in Toronto, the S&P/TSX Composite gained 0.20%.

The best performers of the session on the S&P/TSX Composite were Torex Gold Resources Inc (TSX:TXG), which rose 6.45% or 1.010 points to trade at 16.660 at the close. Meanwhile, AltaGas Ltd (TSX:ALA) added 6.12% or 1.20 points to end at 20.82 and Kelt Exploration Ltd. (TSX:KEL) was up 2.59% or 0.100 points to 3.960 in late trade.

The worst performers of the session were SNC-Lavalin Group Inc . (TSX:SNC), which fell 6.70% or 1.71 points to trade at 23.80 at the close. Methanex Corporation (TSX:MX) declined 6.00% or 3.39 points to end at 53.09 and West Fraser Timber Co. Ltd . (TSX:WFT) was down 3.60% or 1.96 points to 52.54.

Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 528 to 503 and 135 ended unchanged.

Shares in Methanex Corporation (TSX:MX) fell to 52-week lows; falling 6.00% or 3.39 to 53.09. Shares in West Fraser Timber Co. Ltd. (TSX:WFT) fell to 52-week lows; losing 3.60% or 1.96 to 52.54.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 3.11% to 9.97 a new 3-months low.

Gold Futures for August delivery was down 0.09% or 1.25 to $1425.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 1.06% or 0.59 to hit $56.22 a barrel, while the September Brent oil contract rose 0.02% or 0.01 to trade at $63.35 a barrel.

CAD/USD was unchanged 0.00% to 0.7621, while CAD/EUR rose 0.02% to 0.6798.

The US Dollar Index Futures was up 0.16% at 96.970.

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