Canada stocks higher at close of trade; S&P/TSX Composite up 0.35%

Canada stocks higher at close of trade; S&P/TSX Composite up 0.35%

Aug 30, 2019

Canada stocks were higher after the close on Friday, as gains in the Materials, Industrials and REITs sectors led shares higher.

At the close in Toronto, the S&P/TSX Composite gained 0.35% to hit a new 1-month high.

The best performers of the session on the S&P/TSX Composite were HudBay Minerals Inc (TSX:HBM), which rose 4.93% or 0.21 points to trade at 4.47 at the close. Meanwhile, Interfor Corp (TSX:IFP) added 4.38% or 0.56 points to end at 13.36 and CAE Inc. (TSX:CAE) was up 4.34% or 1.45 points to 34.85 in late trade.

The worst performers of the session were Birchcliff Energy Ltd . (TSX:BIR), which fell 6.35% or 0.12 points to trade at 1.77 at the close. Peyto Exploration&Development Corp (TSX:PEY) declined 4.76% or 0.16 points to end at 3.20 and ARC Resources Ltd . (TSX:ARX) was down 4.10% or 0.24 points to 5.62.

Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 756 to 302 and 117 ended unchanged.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was up 0.38% to 13.34.

Gold Futures for December delivery was down 0.50% or 7.75 to $1529.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 2.73% or 1.55 to hit $55.16 a barrel, while the November Brent oil contract fell 2.33% or 1.41 to trade at $59.08 a barrel.

CAD/USD was down 0.19% to 0.7512, while CAD/EUR rose 0.43% to 0.6835.

The US Dollar Index Futures was up 0.31% at 98.763.

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