Canada stocks higher at close of trade; S&P/TSX Composite up 0.92%

Canada stocks higher at close of trade; S&P/TSX Composite up 0.92%

Jun 18, 2019

Canada stocks were higher after the close on Tuesday, as gains in the Materials, Financials and Telecoms sectors led shares higher.

At the close in Toronto, the S&P/TSX Composite gained 0.92% to hit a new 1-month high.

The best performers of the session on the S&P/TSX Composite were Canfor Corporation (TSX:CFP), which rose 7.53% or 0.80 points to trade at 11.43 at the close. Meanwhile, Ivanhoe Mines Ltd. (TSX:IVN) added 7.43% or 0.260 points to end at 3.760 and TORC Oil&Gas Ltd. (TSX:TOG) was up 5.57% or 0.22 points to 4.17 in late trade.

The worst performers of the session were Bombardier Inc (TSX:BBDb), which fell 6.61% or 0.160 points to trade at 2.260 at the close. New Gold Inc (TSX:NGD) declined 6.12% or 0.060 points to end at 0.920 and CES Energy Solutions Corp (TSX:CEU) was down 2.59% or 0.060 points to 2.260.

Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 653 to 423 and 120 ended unchanged.

Shares in Ivanhoe Mines Ltd. (TSX:IVN) rose to 52-week highs; rising 7.43% or 0.260 to 3.760.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 2.43% to 11.22 a new 1-month low.

Gold Futures for August delivery was up 0.54% or 7.25 to $1350.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 4.08% or 2.13 to hit $54.30 a barrel, while the August Brent oil contract rose 0.05% or 0.03 to trade at $62.26 a barrel.

CAD/USD was up 0.02% to 0.7476, while CAD/EUR unchanged 0.00% to 0.6677.

The US Dollar Index Futures was up 0.10% at 97.153.

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