Canada stocks higher at close of trade; S&P/TSX Composite up 1.46%

Canada stocks higher at close of trade; S&P/TSX Composite up 1.46%

Nov 28, 2018

Canada stocks were higher after the close on Wednesday, as gains in the Healthcare, IT and Consumer Discretionary sectors led shares higher.

At the close in Toronto, the S&P/TSX Composite rose 1.46%.

The best performers of the session on the S&P/TSX Composite were Transcontinental Inc (TO:TCLa), which rose 10.64% or 2.16 points to trade at 22.46 at the close. Meanwhile, Aphria Inc (TO:APHA) added 9.62% or 0.990 points to end at 11.280 and Hudson's Bay Company (TO:HBC) was up 9.28% or 0.73 points to 8.60 in late trade.

The worst performers of the session were Crescent Point Energy Corp . (TO:CPG), which fell 6.12% or 0.26 points to trade at 3.99 at the close. Bombardier Inc (TO:BBDb) declined 5.33% or 0.120 points to end at 2.130 and AltaGas Ltd (TO:ALA) was down 5.15% or 0.76 points to 14.00.

Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 804 to 343 and 92 ended unchanged.

Shares in Crescent Point Energy Corp. (TO:CPG) fell to 5-year lows; falling 6.12% or 0.26 to 3.99. Shares in AltaGas Ltd (TO:ALA) fell to 5-year lows; falling 5.15% or 0.76 to 14.00.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 3.30% to 16.97.

Gold Futures for February delivery was up 0.64% or 7.80 to $1227.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 2.50% or 1.29 to hit $50.27 a barrel, while the February Brent oil contract fell 2.35% or 1.42 to trade at $58.98 a barrel.

CAD/USD was up 0.16% to 0.7534, while CAD/EUR fell 0.50% to 0.6627.

The US Dollar Index Futures was down 0.56% at 96.735.

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