Canada stocks higher at close of trade; S&P/TSX Composite up 0.83%

Canada stocks higher at close of trade; S&P/TSX Composite up 0.83%

Jul 12, 2018

Canada stocks were higher after the close on Thursday, as gains in the IT, Consumer Staples and Telecoms sectors led shares higher.

At the close in Toronto, the S&P/TSX Composite rose 0.83% to hit a new all time high.

The best performers of the session on the S&P/TSX Composite were Cogeco Communications Inc (TO:CCA), which rose 8.94% or 5.82 points to trade at 70.93 at the close. Meanwhile, Birchcliff Energy Ltd . (TO:BIR) added 5.05% or 0.24 points to end at 4.99 and Constellation Software Inc . (TO:CSU) was up 4.63% or 49.09 points to 1109.62 in late trade.

The worst performers of the session were Hydro One Limited (TO:H), which fell 3.22% or 0.65 points to trade at 19.52 at the close. Baytex Energy Corp (TO:BTE) declined 2.61% or 0.12 points to end at 4.47 and Endeavour Mining Corp (TO:EDV) was down 2.16% or 0.500 points to 22.600.

Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 646 to 433 and 133 ended unchanged.

Shares in Constellation Software Inc. (TO:CSU) rose to all time highs; gaining 4.63% or 49.09 to 1109.62.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 5.37% to 12.69.

Gold Futures for August delivery was up 0.22% or 2.70 to $1247.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.06% or 0.04 to hit $70.34 a barrel, while the September Brent oil contract rose 1.31% or 0.96 to trade at $74.36 a barrel.

CAD/USD was up 0.40% to 0.7600, while CAD/EUR rose 0.43% to 0.6512.

The US Dollar Index Futures was up 0.08% at 94.56.

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