Canada stocks higher at close of trade; S&P/TSX Composite up 0.43%

Canada stocks higher at close of trade; S&P/TSX Composite up 0.43%

Aug 16, 2018

Canada stocks were higher after the close on Thursday, as gains in the Consumer Staples, Clean Technology and Telecoms sectors led shares higher.

At the close in Toronto, the S&P/TSX Composite added 0.43%.

The best performers of the session on the S&P/TSX Composite were West Fraser Timber Co. Ltd . (TO:WFT), which rose 7.35% or 6.25 points to trade at 91.30 at the close. Meanwhile, Labrador Iron Ore Royalty Corp (TO:LIF) added 5.44% or 1.26 points to end at 24.42 and Interfor Corp (TO:IFP) was up 5.19% or 1.14 points to 23.10 in late trade.

The worst performers of the session were NovaGold Resources Inc (TO:NG), which fell 12.68% or 0.70 points to trade at 4.82 at the close. Endeavour Mining Corp (TO:EDV) declined 5.28% or 1.030 points to end at 18.490 and Great Canadian Gaming Corporation (TO:GC) was down 5.17% or 2.46 points to 45.10.

Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 640 to 431 and 133 ended unchanged.

Shares in Endeavour Mining Corp (TO:EDV) fell to 52-week lows; falling 5.28% or 1.030 to 18.490.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 4.92% to 13.54.

Gold Futures for December delivery was down 0.34% or 4.00 to $1181.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.71% or 0.46 to hit $65.47 a barrel, while the October Brent oil contract rose 0.85% or 0.60 to trade at $71.36 a barrel.

CAD/USD was down 0.14% to 0.7599, while CAD/EUR fell 0.42% to 0.6679.

The US Dollar Index Futures was down 0.11% at 96.48.

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