Canada shares higher at close of trade; S&P/TSX Composite up 0.11%

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Canada shares higher at close of trade; S&P/TSX Composite up 0.11%
Credit: © Reuters. – Canada equities were higher at the close on Wednesday, as gains in the Materials , Consumer Staples and Industrials sectors propelled shares higher.

At the close in Toronto, the S&P/TSX Composite added 0.11% to hit a new 6-month high.

The biggest gainers of the session on the S&P/TSX Composite were First Majestic Silver Corp. (TO: FR ), which rose 9.46% or 1.90 points to trade at 21.98 at the close. MAG Silver Corp . (TO: MAG ) added 5.42% or 1.05 points to end at 20.42 and Brookfield Business Partners LP (TO: BBU_u ) was up 4.60% or 1.14 points to 25.91 in late trade.

Biggest losers included Corus Entertainment Inc (TO: CJRb ), which lost 7.52% or 1.03 points to trade at 12.66 in late trade. Valeant Pharmaceuticals International Inc (TO: VRX ) declined 7.14% or 2.16 points to end at 28.11 and Russel Metals Inc . (TO: RUS ) shed 4.49% or 1.08 points to 23.00.

Advancing stocks outnumbered falling ones by 647 to 533 and 125 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 up 5.54% to 14.66.

In commodities trading, Gold for August delivery was up 0.61% or 8.20 to $1343.50 a troy ounce. Meanwhile, Crude oil for delivery in August fell 3.55% or 1.66 to hit $45.14 a barrel, while the September Brent oil contract fell 3.80% or 1.84 to trade at $46.63 a barrel.

CAD/USD was up 0.52% to 0.7707, while CAD/EUR rose 0.19% to 0.6946.

The US Dollar Index was down 0.24% at 96.32.

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