Canada stocks higher at close of trade; S&P/TSX Composite up 0.50%

Canada stocks higher at close of trade; S&P/TSX Composite up 0.50%

Jun 05, 2018

Investing.com – Canada stocks were higher after the close on Tuesday, as gains in the Healthcare, Materials and IT sectors led shares higher.

At the close in Toronto, the S&P/TSX Composite added 0.50%.

The best performers of the session on the S&P/TSX Composite were Valeant Pharmaceuticals International Inc (TO:VRX), which rose 7.63% or 2.17 points to trade at 30.60 at the close. Meanwhile, Aurora Cannabis Inc (TO:ACB) added 6.36% or 0.520 points to end at 8.700 and Element Fleet Management Corp (TO:EFN) was up 5.49% or 0.31 points to 5.96 in late trade.

The worst performers of the session were Alacer Gold Corp (TO:ASR), which fell 4.53% or 0.110 points to trade at 2.320 at the close. Dorel Industries Inc (TO:DIIb) declined 2.93% or 0.66 points to end at 21.83 and Seven Generations Energy Ltd (TO:VII) was down 2.23% or 0.35 points to 15.35.

Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 624 to 466 and 141 ended unchanged.

Shares in Valeant Pharmaceuticals International Inc (TO:VRX) rose to 52-week highs; rising 7.63% or 2.17 to 30.60. Shares in Dorel Industries Inc (TO:DIIb) fell to 5-year lows; falling 2.93% or 0.66 to 21.83.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was up 1.39% to 13.13.

Gold Futures for August delivery was up 0.28% or 3.60 to $1300.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 0.94% or 0.61 to hit $65.36 a barrel, while the August Brent oil contract fell 0.40% or 0.30 to trade at $74.99 a barrel.

CAD/USD was down 0.31% to 0.7708, while CAD/EUR fell 0.45% to 0.6580.

The US Dollar Index Futures was down 0.17% at 93.86.

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