Canada stocks higher at close of trade; S&P/TSX Composite up 0.96%

Canada stocks higher at close of trade; S&P/TSX Composite up 0.96%

Aug 19, 2019

Canada stocks were higher after the close on Monday, as gains in the Energy, Consumer Discretionary and Clean Technology sectors led shares higher.

At the close in Toronto, the S&P/TSX Composite added 0.96%.

The best performers of the session on the S&P/TSX Composite were Precision Drilling Corporation (TSX:PD), which rose 17.93% or 0.26 points to trade at 1.71 at the close. Meanwhile, First Quantum Minerals Ltd . (TSX:FM) added 8.53% or 0.72 points to end at 9.16 and Hudson's Bay Company (TSX:HBC) was up 7.57% or 0.71 points to 10.09 in late trade.

The worst performers of the session were OceanaGold Corporation (TSX:OGC), which fell 7.98% or 0.260 points to trade at 3.000 at the close. Turquoise Hill Resources Ltd. (TSX:TRQ) declined 4.76% or 0.030 points to end at 0.600 and Canopy Growth Corp (TSX:WEED) was down 4.27% or 1.590 points to 35.660.

Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 652 to 429 and 105 ended unchanged.

Shares in OceanaGold Corporation (TSX:OGC) fell to 52-week lows; losing 7.98% or 0.260 to 3.000. Shares in Turquoise Hill Resources Ltd. (TSX:TRQ) fell to all time lows; falling 4.76% or 0.030 to 0.600. Shares in Canopy Growth Corp (TSX:WEED) fell to 52-week lows; down 4.27% or 1.590 to 35.660.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 9.69% to 12.86.

Gold Futures for December delivery was down 1.16% or 17.70 to $1505.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 2.39% or 1.31 to hit $56.12 a barrel, while the October Brent oil contract fell 0.05% or 0.03 to trade at $59.74 a barrel.

CAD/USD was up 0.02% to 0.7506, while CAD/EUR rose 0.00% to 0.6774.

The US Dollar Index Futures was up 0.25% at 98.250.

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