Canada stocks higher at close of trade; S&P/TSX Composite up 0.29%

Canada stocks higher at close of trade; S&P/TSX Composite up 0.29%

Jun 05, 2019

Canada stocks were higher after the close on Wednesday, as gains in the IT, Industrials and Consumer Staples sectors led shares higher.

At the close in Toronto, the S&P/TSX Composite added 0.29%.

The best performers of the session on the S&P/TSX Composite were Cronos Group Inc (TSX:CRON), which rose 11.64% or 2.2500 points to trade at 21.5800 at the close. Meanwhile, Bombardier Inc (TSX:BBDb) added 9.18% or 0.180 points to end at 2.140 and Shopify Inc (TSX:SHOP) was up 6.60% or 24.290 points to 392.240 in late trade.

The worst performers of the session were Peyto Exploration&Development Corp (TSX:PEY), which fell 7.49% or 0.35 points to trade at 4.32 at the close. Crescent Point Energy Corp . (TSX:CPG) declined 7.45% or 0.33 points to end at 4.10 and Precision Drilling Corporation (TSX:PD) was down 6.98% or 0.18 points to 2.40.

Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 619 to 478 and 103 ended unchanged.

Shares in Peyto Exploration&Development Corp (TSX:PEY) fell to 5-year lows; losing 7.49% or 0.35 to 4.32. Shares in Shopify Inc (TSX:SHOP) rose to all time highs; rising 6.60% or 24.290 to 392.240.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was up 2.54% to 14.95.

Gold Futures for August delivery was up 0.45% or 6.00 to $1334.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 3.29% or 1.76 to hit $51.72 a barrel, while the August Brent oil contract fell 0.02% or 0.01 to trade at $60.51 a barrel.

CAD/USD was down 0.02% to 0.7451, while CAD/EUR fell 0.03% to 0.6639.

The US Dollar Index Futures was up 0.30% at 97.287.

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