Canada shares higher at close of trade; S&P/TSX Composite up 1.56%

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Canada shares higher at close of trade; S&P/TSX Composite up 1.56%
Credit: © Reuters.

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

At the close in Toronto, the S&P/TSX Composite rose 1.56%.

The biggest gainers of the session on the S&P/TSX Composite were Eldorado Gold Corporation (TO: ELD ), which rose 8.64% or 0.47 points to trade at 5.91 at the close. Enerplus Corporation (TO: ERF ) added 8.53% or 0.58 points to end at 7.38 and Ensign Energy Services Inc . (TO: ESI ) was up 7.15% or 0.48 points to 7.19 in late trade.

Biggest losers included Intertape Polymer Group Inc . (TO: ITP ), which lost 7.59% or 1.53 points to trade at 18.64 in late trade. Dream Office Real Estate Investment Trust (TO: D_u ) declined 4.73% or 0.95 points to end at 19.13 and Great Canadian Gaming Corporation (TO: GC ) shed 2.08% or 0.36 points to 16.91.

Advancing stocks outnumbered falling ones by 548 to 261 and 100 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 6.82% to 16.81.

In commodities trading, Gold for June delivery was up 0.13% or 1.65 to $1268.25 a troy ounce. Meanwhile, Crude oil for delivery in June rose 2.90% or 1.26 to hit $44.70 a barrel, while the July Brent oil contract rose 4.54% or 1.98 to trade at $45.61 a barrel.

CAD/USD was up 0.40% to 0.7746, while CAD/EUR rose 0.47% to 0.6811.

The US Dollar Index was up 0.08% at 94.22.

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