Canada stocks higher at close of trade; S&P/TSX Composite up 0.60%

Canada stocks higher at close of trade; S&P/TSX Composite up 0.60%

Feb 05, 2019

Canada stocks were higher after the close on Tuesday, as gains in the Consumer Staples, Industrials and REITs sectors led shares higher.

At the close in Toronto, the S&P/TSX Composite gained 0.60% to hit a new 3-months high.

The best performers of the session on the S&P/TSX Composite were Eldorado Gold Corp (TO:ELD), which rose 5.60% or 0.29 points to trade at 5.47 at the close. Meanwhile, NexGen Energy Ltd. (TO:NXE) added 4.55% or 0.110 points to end at 2.530 and Alacer Gold Corp (TO:ASR) was up 4.19% or 0.130 points to 3.230 in late trade.

The worst performers of the session were Cronos Group Inc (TO:CRON), which fell 6.12% or 1.8700 points to trade at 28.7000 at the close. Home Capital Group Inc . (TO:HCG) declined 3.22% or 0.52 points to end at 15.61 and Ensign Energy Services Inc (TO:ESI) was down 2.95% or 0.14 points to 4.60.

Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 699 to 383 and 123 ended unchanged.

Shares in Alacer Gold Corp (TO:ASR) rose to 52-week highs; up 4.19% or 0.130 to 3.230.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 1.01% to 15.67 a new 1-month low.

Gold Futures for April delivery was down 0.01% or 0.15 to $1319.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 1.59% or 0.87 to hit $53.69 a barrel, while the April Brent oil contract fell 0.83% or 0.52 to trade at $61.99 a barrel.

CAD/USD was down 0.18% to 0.7613, while CAD/EUR rose 0.14% to 0.6675.

The US Dollar Index Futures was up 0.26% at 95.822.

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