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Canada stocks higher at close of trade; S&P/TSX Composite up 0.10%

Published 08/16/2024, 04:30 PM
© Reuters.  Canada stocks higher at close of trade; S&P/TSX Composite up 0.10%
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Investing.com – Canada stocks were higher after the close on Friday, as gains in the Materials, Financials and Healthcare sectors led shares higher.

At the close in Toronto, the S&P/TSX Composite rose 0.10%.

The best performers of the session on the S&P/TSX Composite were New Gold Inc (TSX:NGD), which rose 6.36% or 0.21 points to trade at 3.51 at the close. Meanwhile, K92 Mining Inc (TSX:KNT) added 6.23% or 0.46 points to end at 7.84 and Ivanhoe Mines Ltd. (TSX:IVN) was up 6.03% or 0.98 points to 17.24 in late trade.

The worst performers of the session were CAE Inc. (TSX:CAE), which fell 3.40% or 0.84 points to trade at 23.83 at the close. Brookfield Business Partners LP (TSX:BBU_u) declined 3.25% or 0.90 points to end at 26.80 and Denison Mines Corp (TSX:DML) was down 2.74% or 0.06 points to 2.13.

Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 541 to 379 and 101 ended unchanged.

Shares in New Gold Inc (TSX:NGD) rose to 5-year highs; up 6.36% or 0.21 to 3.51.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was up 1.48% to 11.62.

Gold Futures for December delivery was up 2.12% or 52.80 to $2,545.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 1.87% or 1.46 to hit $76.70 a barrel, while the October Brent oil contract fell 1.58% or 1.28 to trade at $79.76 a barrel.

CAD/USD was unchanged 0.33% to 0.73, while CAD/EUR unchanged 0.14% to 0.66.

The US Dollar Index Futures was down 0.52% at 102.28.

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