Canada stocks higher at close of trade; S&P/TSX Composite up 0.54%

Canada stocks higher at close of trade; S&P/TSX Composite up 0.54%

Apr 25, 2018

Investing.com – Canada stocks were higher after the close on Wednesday, as gains in the Energy, Industrials and Consumer Staples sectors led shares higher.

At the close in Toronto, the S&P/TSX Composite gained 0.54% to hit a new 1-month high.

The best performers of the session on the S&P/TSX Composite were Baytex Energy Corp (TO:BTE), which rose 7.59% or 0.39 points to trade at 5.53 at the close. Meanwhile, Cenovus Energy Inc (TO:CVE) added 4.92% or 0.60 points to end at 12.79 and MEG Energy Corp (TO:MEG) was up 4.40% or 0.28 points to 6.64 in late trade.

The worst performers of the session were Aurora Cannabis Inc (TO:ACB), which fell 5.34% or 0.440 points to trade at 7.800 at the close. First Quantum Minerals Ltd . (TO:FM) declined 4.00% or 0.71 points to end at 17.02 and Canopy Growth Corp (TO:WEED) was down 3.75% or 1.060 points to 27.180.

Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 656 to 460 and 131 ended unchanged.

Shares in Baytex Energy Corp (TO:BTE) rose to 52-week highs; up 7.59% or 0.39 to 5.53. Shares in MEG Energy Corp (TO:MEG) rose to 52-week highs; up 4.40% or 0.28 to 6.64.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 1.47% to 15.41.

Gold Futures for June delivery was down 0.65% or 8.60 to $1324.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.49% or 0.33 to hit $68.03 a barrel, while the June Brent oil contract rose 0.23% or 0.17 to trade at $74.03 a barrel.

CAD/USD was down 0.03% to 0.7790, while CAD/EUR rose 0.44% to 0.6399.

The US Dollar Index Futures was up 0.49% at 91.00.

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