Canada stocks higher at close of trade; S&P/TSX Composite up 0.40%

Canada stocks higher at close of trade; S&P/TSX Composite up 0.40%

May 24, 2019

Canada stocks were higher after the close on Friday, as gains in the Financials, Healthcare and Clean Technology sectors led shares higher.

At the close in Toronto, the S&P/TSX Composite added 0.40%.

The best performers of the session on the S&P/TSX Composite were Aphria Inc (TSX:APHA), which rose 14.56% or 1.255 points to trade at 9.875 at the close. Meanwhile, Canfor Corporation (TSX:CFP) added 5.07% or 0.47 points to end at 9.74 and New Gold Inc (TSX:NGD) was up 4.65% or 0.040 points to 0.900 in late trade.

The worst performers of the session were Uni-Select Inc. (TSX:UNS), which fell 4.31% or 0.56 points to trade at 12.42 at the close. Turquoise Hill Resources Ltd. (TSX:TRQ) declined 3.77% or 0.060 points to end at 1.530 and Eldorado Gold Corp (TSX:ELD) was down 3.47% or 0.15 points to 4.17.

Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 522 to 505 and 145 ended unchanged.

Shares in Turquoise Hill Resources Ltd. (TSX:TRQ) fell to 5-year lows; losing 3.77% or 0.060 to 1.530.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 3.75% to 14.13.

Gold Futures for June delivery was down 0.09% or 1.10 to $1284.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 1.88% or 1.09 to hit $59.00 a barrel, while the July Brent oil contract rose 2.15% or 1.46 to trade at $69.22 a barrel.

CAD/USD was up 0.28% to 0.7441, while CAD/EUR rose 0.02% to 0.6638.

The US Dollar Index Futures was down 0.26% at 97.465.

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