Canada shares higher at close of trade; S&P/TSX Composite up 0.31%

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Canada shares higher at close of trade; S&P/TSX Composite up 0.31%
Credit: © Reuters.

Investing.com – Canada equities were higher at the close on Tuesday, as gains in the Industrials , IT and Financials sectors propelled shares higher.

At the close in Toronto, the S&P/TSX Composite rose 0.31% to hit a new 6-month high.

The biggest gainers of the session on the S&P/TSX Composite were Martinrea International Inc . (TO: MRE ), which rose 6.13% or 0.75 points to trade at 12.99 at the close. Intertape Polymer Group Inc . (TO: ITP ) added 4.78% or 0.92 points to end at 20.15 and West Fraser Timber Co. Ltd . (TO: WFT ) was up 4.57% or 3.52 points to 80.51 in late trade.

Biggest losers included Nevsun Resources Ltd . (TO: NSU ), which lost 7.77% or 0.230 points to trade at 2.730 in late trade. Kirkland Lake Gold Ltd (TO: KL ) declined 6.22% or 1.010 points to end at 15.220 and Semafo Inc . (TO: SMF ) shed 5.33% or 0.18 points to 3.20.

Advancing stocks outnumbered falling ones by 568 to 524 and 171 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 down 2.32% to 11.39.

In commodities trading, Gold Futures for December delivery was down 0.21% or 2.64 to $1278.26 a troy ounce. Meanwhile, Crude oil for delivery in December rose 1.10% or 0.57 to hit $52.47 a barrel, while the December Brent oil contract rose 1.73% or 0.99 to trade at $58.36 a barrel.

CAD/USD was down 0.29% to 0.7884, while CAD/EUR fell 0.34% to 0.6707.

The US Dollar Index Futures was up 0.10% at 93.81.

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