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Canada stocks higher at close of trade; S&P/TSX Composite up 0.02%

Published 12/04/2024, 04:30 PM
Updated 12/04/2024, 04:31 PM
© Reuters Canada stocks higher at close of trade; S&P/TSX Composite up 0.02%
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Investing.com – Canada stocks were higher after the close on Wednesday, as gains in the IT, Industrials and Utilities sectors led shares higher.

At the close in Toronto, the S&P/TSX Composite added 0.02%.

The best performers of the session on the S&P/TSX Composite were Spin Master Corp (TSX:TOY), which rose 4.98% or 1.64 points to trade at 34.58 at the close. Meanwhile, MDA Ltd (TSX:MDA) added 4.73% or 1.31 points to end at 29.00 and K92 Mining Inc (TSX:KNT) was up 3.55% or 0.32 points to 9.34 in late trade.

The worst performers of the session were Baytex Energy Corp (TSX:BTE), which fell 5.28% or 0.21 points to trade at 3.77 at the close. Dollarama Inc (TSX:DOL) declined 5.14% or 7.61 points to end at 140.56 and Canadian Western Bank (TSX:CWB) was down 4.05% or 2.50 points to 59.19.

Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 475 to 449 and 100 ended unchanged.

Shares in Baytex Energy Corp (TSX:BTE) fell to 52-week lows; losing 5.28% or 0.21 to 3.77. Shares in MDA Ltd (TSX:MDA) rose to all time highs; rising 4.73% or 1.31 to 29.00.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 9.13% to 9.16 a new 3-months low.

Gold Futures for February delivery was up 0.22% or 5.75 to $2,673.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 1.82% or 1.27 to hit $68.67 a barrel, while the February Brent oil contract fell 1.66% or 1.22 to trade at $72.40 a barrel.

CAD/USD was unchanged 0.03% to 0.71, while CAD/EUR unchanged 0.01% to 0.68.

The US Dollar Index Futures was unchanged 0.00% at 106.34.

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