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Canada stocks higher at close of trade

Published 01/29/2015, 04:25 PM
© Reuters.  Canada stocks higher at close of trade
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Investing.com – Canada stocks were higher after the close on Thursday, as gains in the Information Technology, Consumer Staples and Telecommunications sectors led shares higher.

At the close in Toronto, the S&P/TSX Composite rose 0.23%.

The best performers of the session on the S&P/TSX Composite were Sierra Wireless Inc. (TO:SW), which rose 4.32% or 1.99 points to trade at 48.08 at the close. Meanwhile, Whitecap Resources Inc. (TO:WCP) added 4.27% or 0.48 points to end at 11.71 and Norbord Inc. (TO:NBD) was up 4.21% or 1.13 points to 27.99 in late trade.

The worst performers of the session were Pacific Rubiales Energy Corp. (TO:PRE), which fell 12.12% or 0.40 points to trade at 2.90 at the close. Athabasca Oil Corporation (TO:ATH) declined 7.53% or 0.14 points to end at 1.72 and Canexus Corporation (TO:CUS) was down 7.14% or 0.17 points to 2.21.

Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 855 to 576 and 186 ended unchanged.

Shares in Pacific Rubiales Energy Corp. (TO:PRE) fell to 3-year lows; falling 12.12% or 0.40 to 2.90. Shares in Athabasca Oil Corporation (TO:ATH) fell to all time lows; falling 7.53% or 0.14 to 1.72. Shares in Canexus Corporation (TO:CUS) fell to all time lows; losing 7.14% or 0.17 to 2.21.

The S&P/TSX 60 VIX, which measures the implied volatility of options, was down 0.60% to 19.86.

Gold for April delivery was down 2.36% or 30.40 to $1256.80 a troy ounce. Elsewhere in commodities trading, Crude Oil for delivery in March rose 0.08% or 0.04 to hit $44.48 a barrel, while the March Brent Oil contract rose 1.23% or 0.59 to trade at $49.06 a barrel.

CAD/USD was down 0.64% to 0.7929, while CAD/EUR fell 0.96% to 0.7003.

The US Dollar Index was up 0.06% at 94.94.

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