Canada stocks higher at close of trade; S&P/TSX Composite up 0.58%

Canada stocks higher at close of trade; S&P/TSX Composite up 0.58%

Aug 17, 2018

Canada stocks were higher after the close on Friday, as gains in the Healthcare, Materials and REITs sectors led shares higher.

At the close in Toronto, the S&P/TSX Composite gained 0.58%.

The best performers of the session on the S&P/TSX Composite were Canopy Growth Corp (TO:WEED), which rose 8.38% or 3.410 points to trade at 44.090 at the close. Meanwhile, Precision Drilling Corporation (TO:PD) added 4.09% or 0.19 points to end at 4.83 and Alacer Gold Corp (TO:ASR) was up 4.05% or 0.090 points to 2.310 in late trade.

The worst performers of the session were Kinaxis Inc (TO:KXS), which fell 4.01% or 4.00 points to trade at 95.70 at the close. MacDonald Dettwiler and Associates Ltd (TO:MAXR) declined 3.02% or 1.51 points to end at 48.51 and Great Canadian Gaming Corporation (TO:GC) was down 2.68% or 1.21 points to 43.89.

Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 647 to 404 and 132 ended unchanged.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 2.07% to 13.26.

Gold Futures for December delivery was up 0.64% or 7.60 to $1191.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.67% or 0.44 to hit $65.90 a barrel, while the October Brent oil contract rose 0.48% or 0.34 to trade at $71.77 a barrel.

CAD/USD was up 0.74% to 0.7657, while CAD/EUR rose 0.16% to 0.6692.

The US Dollar Index Futures was down 0.50% at 96.00.

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