Canada stocks higher at close of trade; S&P/TSX Composite up 1.16%

Canada stocks higher at close of trade; S&P/TSX Composite up 1.16%

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

At the close in Toronto, the S&P/TSX Composite gained 1.16% to hit a new all time high.

The best performers of the session on the S&P/TSX Composite were Ivanhoe Mines Ltd. (TSX:IVN), which rose 6.53% or 1.17 points to trade at 19.10 at the close. Meanwhile, Celestica Inc. (TSX:CLS) added 5.61% or 3.58 points to end at 67.38 and Lundin Mining Corporation (TSX:LUN) was up 5.60% or 0.71 points to 13.38 in late trade.

The worst performers of the session were Hydro One Limited (TSX:H), which fell 2.67% or 1.26 points to trade at 45.94 at the close. TC Energy Corp (TSX:TRP) declined 2.65% or 1.66 points to end at 61.03 and Wesdome Gold Mines Ltd. (TSX:WDO) was down 2.58% or 0.34 points to 12.82.

Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 648 to 271 and 107 ended unchanged.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 10.44% to 10.64.

Gold Futures for December delivery was up 0.52% or 13.50 to $2,612.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 1.76% or 1.23 to hit $71.11 a barrel, while the November Brent oil contract rose 1.60% or 1.18 to trade at $74.83 a barrel.

CAD/USD was unchanged 0.31% to 0.74, while CAD/EUR unchanged 0.06% to 0.66.

The US Dollar Index Futures was up 0.07% at 100.35.

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