Canada shares higher at close of trade; S&P/TSX Composite up 3.26%

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Canada shares higher at close of trade; S&P/TSX Composite up 3.26%

Investing.com – Canada equities were higher at the close on Friday, as gains in the Energy , Consumer Discretionary and IT sectors propelled shares higher.

At the close in Toronto, the S&P/TSX Composite rose 3.26% to hit a new 1-month high.

The biggest gainers of the session on the S&P/TSX Composite were MEG Energy Corp (TSX: MEG ), which rose 19.21% or 0.44 points to trade at 2.73 at the close. Stars Group Inc (TSX: TSGI ) added 16.80% or 5.09 points to end at 35.38 and Shopify Inc (TSX: SHOP ) was up 12.15% or 90.10 points to 831.52 in late trade.

Biggest losers included Silvercorp Metals Inc (TSX: SVM ), which lost 7.81% or 0.40 points to trade at 4.72 in late trade. Alacer Gold Corp (TSX: ASR ) declined 7.48% or 0.49 points to end at 6.06 and Torex Gold Resources Inc (TSX: TXG ) shed 7.23% or 1.18 points to 15.13.

Advancing stocks outnumbered falling ones by 761 to 327 and 78 ended unchanged on the Toronto Stock Exchange.

The S&P/TSX 60 VIX , which measures the implied volatility of S&P/TSX Composite options, was unchanged 0% to 11.27.

In commodities trading, Gold Futures for June delivery was down 2.15% or 37.30 to $1694.40 a troy ounce. Meanwhile, Crude oil for delivery in May fell 8.05% or 1.60 to hit $18.27 a barrel, while the June Brent oil contract rose 2.26% or 0.63 to trade at $28.45 a barrel.

CAD/USD was up 0.48% to 0.7135, while CAD/EUR rose 0.18% to 0.6562.

The US Dollar Index Futures was down 0.30% at 99.795.

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