Canada stocks higher at close of trade; S&P/TSX Composite up 0.42%

Canada stocks higher at close of trade; S&P/TSX Composite up 0.42%

May 01, 2018

Investing.com – Canada stocks were higher after the close on Tuesday, as gains in the Clean Technology, Real Estate and Materials sectors led shares higher.

At the close in Toronto, the S&P/TSX Composite gained 0.42% to hit a new 1-month high.

The best performers of the session on the S&P/TSX Composite were Detour Gold Corporation (TO:DGC), which rose 9.48% or 0.88 points to trade at 10.16 at the close. Meanwhile, Colliers International Group Inc (TO:CIGI) added 7.79% or 6.79 points to end at 94.00 and Cameco Corp (TO:CCO) was up 6.07% or 0.82 points to 14.34 in late trade.

The worst performers of the session were Secure Energy Services Inc . (TO:SES), which fell 5.07% or 0.41 points to trade at 7.67 at the close. Shopify Inc (TO:SHOP) declined 4.95% or 8.510 points to end at 163.500 and Precision Drilling Corporation (TO:PD) was down 4.59% or 0.21 points to 4.37.

Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 578 to 510 and 123 ended unchanged.

Shares in Colliers International Group Inc (TO:CIGI) rose to all time highs; gaining 7.79% or 6.79 to 94.00. Shares in Cameco Corp (TO:CCO) rose to 52-week highs; up 6.07% or 0.82 to 14.34.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 1.24% to 14.29.

Gold Futures for June delivery was down 1.05% or 13.90 to $1305.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 1.59% or 1.09 to hit $67.48 a barrel, while the July Brent oil contract fell 1.77% or 1.32 to trade at $73.37 a barrel.

CAD/USD was down 0.08% to 0.7780, while CAD/EUR rose 0.62% to 0.6487.

The US Dollar Index Futures was up 0.70% at 92.27.

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