Canada stocks higher at close of trade; S&P/TSX Composite up 0.49%

Canada stocks higher at close of trade; S&P/TSX Composite up 0.49%

Apr 12, 2019

Canada stocks were higher after the close on Friday, as gains in the Energy, IT and Financials sectors led shares higher.

At the close in Toronto, the S&P/TSX Composite gained 0.49% to hit a new 6-months high.

The best performers of the session on the S&P/TSX Composite were Canopy Growth Corp (TO:WEED), which rose 5.46% or 2.920 points to trade at 56.370 at the close. Meanwhile, Encana Corporation (TO:ECA) added 5.43% or 0.52 points to end at 10.09 and Crescent Point Energy Corp . (TO:CPG) was up 5.04% or 0.27 points to 5.63 in late trade.

The worst performers of the session were Bausch Health Companies Inc (TO:BHC), which fell 4.78% or 1.66 points to trade at 33.08 at the close. Torex Gold Resources Inc (TO:TXG) declined 3.93% or 0.550 points to end at 13.440 and MAG Silver Corp (TO:MAG) was down 3.79% or 0.51 points to 12.95.

Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 621 to 443 and 136 ended unchanged.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 7.75% to 10.83.

Gold Futures for June delivery was up 0.03% or 0.35 to $1293.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.35% or 0.22 to hit $63.80 a barrel, while the June Brent oil contract rose 0.97% or 0.69 to trade at $71.52 a barrel.

CAD/USD was up 0.46% to 0.7503, while CAD/EUR rose 0.12% to 0.6644.

The US Dollar Index Futures was down 0.26% at 96.560.

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