Canada stocks higher at close of trade; S&P/TSX Composite up 0.64%

Canada stocks higher at close of trade; S&P/TSX Composite up 0.64%

Jul 03, 2019

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

At the close in Toronto, the S&P/TSX Composite added 0.64% to hit a new 1-month high.

The best performers of the session on the S&P/TSX Composite were Cascades Inc . (TSX:CAS), which rose 5.14% or 0.58 points to trade at 11.86 at the close. Meanwhile, Inter Pipeline Ltd (TSX:IPL) added 4.84% or 1.00 points to end at 21.67 and Alaris Royalty Corp . (TSX:AD) was up 4.58% or 0.860 points to 19.640 in late trade.

The worst performers of the session were Linamar Corporation (TSX:LNR), which fell 3.31% or 1.61 points to trade at 47.10 at the close. Torex Gold Resources Inc (TSX:TXG) declined 2.66% or 0.360 points to end at 13.170 and Ag Growth International Inc (TSX:AFN) was down 2.62% or 1.43 points to 53.16.

Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 679 to 365 and 121 ended unchanged.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 4.74% to 10.64 a new 1-month low.

Gold Futures for August delivery was up 0.96% or 13.55 to $1421.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 2.10% or 1.18 to hit $57.43 a barrel, while the September Brent oil contract fell 0.02% or 0.01 to trade at $63.83 a barrel.

CAD/USD was down 0.04% to 0.7655, while CAD/EUR fell 0.01% to 0.6788.

The US Dollar Index Futures was up 0.06% at 96.330.

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