Canada shares higher at close of trade; S&P/TSX Composite up 1.13%

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Canada shares higher at close of trade; S&P/TSX Composite up 1.13%
Credit: © Reuters. – Canada equities were higher at the close on Thursday, as gains in the IT , Financials and Telecoms sectors propelled shares higher.

At the close in Toronto, the S&P/TSX Composite gained 1.13% to hit a new 1-month high.

The biggest gainers of the session on the S&P/TSX Composite were Precision Drilling Corporation (TO: PD ), which rose 5.28% or 0.22 points to trade at 4.39 at the close. Ensign Energy Services Inc (TO: ESI ) added 5.01% or 0.30 points to end at 6.29 and Spin Master Corp (TO: TOY ) was up 4.67% or 2.22 points to 49.72 in late trade.

Biggest losers included Husky Energy Inc . (TO: HSE ), which lost 8.12% or 1.55 points to trade at 17.54 in late trade. New Gold Inc (TO: NGD ) declined 6.54% or 0.210 points to end at 3.000 and Methanex Corporation (TO: MX ) shed 4.82% or 4.04 points to 79.84.

Advancing stocks outnumbered falling ones by 708 to 408 and 120 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 4.22% to 14.76.

In commodities trading, Gold Futures for June delivery was down 0.32% or 4.20 to $1318.60 a troy ounce. Meanwhile, Crude oil for delivery in June rose 0.18% or 0.12 to hit $68.17 a barrel, while the June Brent oil contract rose 0.97% or 0.72 to trade at $74.72 a barrel.

CAD/USD was down 0.26% to 0.7763, while CAD/EUR rose 0.20% to 0.6414.

The US Dollar Index Futures was up 0.40% at 91.39.

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