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Canada stocks higher at close of trade; S&P/TSX Composite up 0.19%

Published 05/08/2018, 04:25 PM
© Reuters.  Canada stocks higher at close of trade; S&P/TSX Composite up 0.19%
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Investing.com – Canada stocks were higher after the close on Tuesday, as gains in the Healthcare, IT and Materials sectors led shares higher.

At the close in Toronto, the S&P/TSX Composite rose 0.19% to hit a new 3-months high.

The best performers of the session on the S&P/TSX Composite were Nevsun Resources Ltd (TO:NSU), which rose 16.75% or 0.640 points to trade at 4.460 at the close. Meanwhile, IAMGold Corporation (TO:IMG) added 8.88% or 0.650 points to end at 7.970 and Valeant Pharmaceuticals International Inc (TO:VRX) was up 8.87% or 2.08 points to 25.54 in late trade.

The worst performers of the session were Labrador Iron Ore Royalty Corp (TO:LIF), which fell 10.67% or 2.57 points to trade at 21.51 at the close. WestJet Airlines Ltd (TO:WJA) declined 9.77% or 2.16 points to end at 19.94 and Seven Generations Energy Ltd (TO:VII) was down 5.14% or 0.89 points to 16.41.

Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 545 to 534 and 139 ended unchanged.

Shares in Nevsun Resources Ltd (TO:NSU) rose to 52-week highs; gaining 16.75% or 0.640 to 4.460. Shares in WestJet Airlines Ltd (TO:WJA) fell to 52-week lows; falling 9.77% or 2.16 to 19.94.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 0.37% to 13.49.

Gold Futures for June delivery was up 0.05% or 0.70 to $1314.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 1.46% or 1.03 to hit $69.70 a barrel, while the July Brent oil contract fell 0.67% or 0.51 to trade at $75.66 a barrel.

CAD/USD was down 0.54% to 0.7721, while CAD/EUR fell 0.05% to 0.6508.

The US Dollar Index Futures was up 0.36% at 92.94.

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