Canada stocks higher at close of trade; S&P/TSX Composite up 0.77%

Canada stocks higher at close of trade; S&P/TSX Composite up 0.77%

May 16, 2019

Canada stocks were higher after the close on Thursday, as gains in the IT, Industrials and Clean Technology sectors led shares higher.

At the close in Toronto, the S&P/TSX Composite added 0.77%.

The best performers of the session on the S&P/TSX Composite were IAMGold Corporation (TO:IMG), which rose 9.38% or 0.300 points to trade at 3.500 at the close. Meanwhile, Bombardier Inc (TO:BBDb) added 7.50% or 0.150 points to end at 2.150 and Birchcliff Energy Ltd . (TO:BIR) was up 7.20% or 0.26 points to 3.87 in late trade.

The worst performers of the session were Torex Gold Resources Inc (TO:TXG), which fell 5.98% or 0.760 points to trade at 11.950 at the close. Eldorado Gold Corp (TO:ELD) declined 4.50% or 0.23 points to end at 4.88 and Onex Corp (TO:ONEX) was down 2.92% or 2.35 points to 78.25.

Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 661 to 387 and 132 ended unchanged.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 8.20% to 14.55.

Gold Futures for June delivery was down 0.84% or 10.90 to $1286.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 1.79% or 1.11 to hit $63.13 a barrel, while the July Brent oil contract rose 0.07% or 0.05 to trade at $72.81 a barrel.

CAD/USD was up 0.00% to 0.7429, while CAD/EUR fell 0.04% to 0.6644.

The US Dollar Index Futures was up 0.29% at 97.657.

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