Canada shares higher at close of trade; S&P/TSX Composite up 1.38%

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Canada shares higher at close of trade; S&P/TSX Composite up 1.38%
Credit: © Reuters. – Canada equities were higher at the close on Monday, as gains in the Mining , Materials and Energy sectors propelled shares higher.

At the close in Toronto, the S&P/TSX Composite added 1.38%.

The biggest gainers of the session on the S&P/TSX Composite were Alacer Gold Corp (TO: ASR ), which rose 18.18% or 0.560 points to trade at 3.640 at the close. MAG Silver Corp . (TO: MAG ) added 11.91% or 1.94 points to end at 18.23 and First Majestic Silver Corp. (TO: FR ) was up 10.31% or 1.81 points to 19.36 in late trade.

Biggest losers included Gran Tierra Energy Inc . (TO: GTE ), which lost 6.91% or 0.300 points to trade at 4.040 in late trade. Lucara Diamond Corp (TO: LUC ) declined 2.30% or 0.080 points to end at 3.400 and Fairfax Financial Holdings Limited (TO: FFH ) shed 2.13% or 14.82 points to 681.01.

Advancing stocks outnumbered falling ones by 789 to 340 and 107 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 10.25% to 14.41.

In commodities trading, Gold for August delivery was up 1.05% or 14.00 to $1353.00 a troy ounce. Meanwhile, Crude oil for delivery in August fell 0.47% or 0.23 to hit $48.76 a barrel, while the September Brent oil contract fell 0.60% or 0.30 to trade at $50.05 a barrel.

CAD/USD was up 0.49% to 0.7782, while CAD/EUR rose 0.29% to 0.6974.

The US Dollar Index was down 0.11% at 95.61.

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