Canada stocks higher at close of trade; S&P/TSX Composite up 1.34%

Canada stocks higher at close of trade; S&P/TSX Composite up 1.34%

Apr 18, 2018

Investing.com – Canada stocks were higher after the close on Wednesday, as gains in the Energy, Materials and Healthcare sectors led shares higher.

At the close in Toronto, the S&P/TSX Composite rose 1.34%.

The best performers of the session on the S&P/TSX Composite were TORC Oil&Gas Ltd. (TO:TOG), which rose 9.85% or 0.66 points to trade at 7.36 at the close. Meanwhile, MEG Energy Corp (TO:MEG) added 7.18% or 0.44 points to end at 6.57 and HudBay Minerals Inc (TO:HBM) was up 7.07% or 0.63 points to 9.54 in late trade.

The worst performers of the session were Alaris Royalty Corp . (TO:AD), which fell 6.71% or 1.240 points to trade at 17.250 at the close. NexGen Energy Ltd. (TO:NXE) declined 4.87% or 0.130 points to end at 2.540 and Labrador Iron Ore Royalty Corp (TO:LIF) was down 3.42% or 0.79 points to 22.28.

Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 807 to 315 and 118 ended unchanged.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 15.34% to 12.36.

Gold Futures for June delivery was up 0.21% or 2.80 to $1352.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 3.44% or 2.29 to hit $68.81 a barrel, while the June Brent oil contract rose 3.12% or 2.23 to trade at $73.81 a barrel.

CAD/USD was down 0.61% to 0.7918, while CAD/EUR fell 0.70% to 0.6396.

The US Dollar Index Futures was up 0.13% at 89.34.

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