Canada stocks higher at close of trade; S&P/TSX Composite up 0.72%

Canada stocks higher at close of trade; S&P/TSX Composite up 0.72%

Jan 08, 2019

Canada stocks were higher after the close on Tuesday, as gains in the IT, Utilities and Consumer Discretionary sectors led shares higher.

At the close in Toronto, the S&P/TSX Composite rose 0.72%.

The best performers of the session on the S&P/TSX Composite were New Gold Inc (TO:NGD), which rose 11.72% or 0.150 points to trade at 1.430 at the close. Meanwhile, First Quantum Minerals Ltd . (TO:FM) added 8.41% or 0.84 points to end at 10.83 and Interfor Corp (TO:IFP) was up 5.80% or 0.83 points to 15.14 in late trade.

The worst performers of the session were Barrick Gold Corporation (TO:ABX), which fell 4.94% or 0.85 points to trade at 16.34 at the close. NuVista Energy Ltd . (TO:NVA) declined 4.62% or 0.200 points to end at 4.130 and Aurora Cannabis Inc (TO:ACB) was down 4.43% or 0.31 points to 6.68.

Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 717 to 401 and 104 ended unchanged.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 6.71% to 20.87.

Gold Futures for February delivery was down 0.28% or 3.65 to $1286.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 2.49% or 1.21 to hit $49.73 a barrel, while the March Brent oil contract rose 2.30% or 1.32 to trade at $58.65 a barrel.

CAD/USD was up 0.20% to 0.7534, while CAD/EUR rose 0.53% to 0.6585.

The US Dollar Index Futures was up 0.29% at 95.500.

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