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Canada stocks higher at close of trade; S&P/TSX Composite up 0.31%

Published 10/24/2017, 04:25 PM
© Reuters.  Canada stocks higher at close of trade; S&P/TSX Composite up 0.31%
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Investing.com – Canada stocks were higher after the close on Tuesday, as gains in the Industrials, IT and Financials sectors led shares higher.

At the close in Toronto, the S&P/TSX Composite rose 0.31% to hit a new 6-months high.

The best performers of the session on the S&P/TSX Composite were Martinrea International Inc . (TO:MRE), which rose 6.13% or 0.75 points to trade at 12.99 at the close. Meanwhile, Intertape Polymer Group Inc . (TO:ITP) added 4.78% or 0.92 points to end at 20.15 and West Fraser Timber Co. Ltd . (TO:WFT) was up 4.57% or 3.52 points to 80.51 in late trade.

The worst performers of the session were Nevsun Resources Ltd . (TO:NSU), which fell 7.77% or 0.230 points to trade at 2.730 at the close. Kirkland Lake Gold Ltd (TO:KL) declined 6.22% or 1.010 points to end at 15.220 and Semafo Inc . (TO:SMF) was down 5.33% or 0.18 points to 3.20.

Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 568 to 524 and 171 ended unchanged.

Shares in Martinrea International Inc. (TO:MRE) rose to 52-week highs; rising 6.13% or 0.75 to 12.99. Shares in West Fraser Timber Co. Ltd. (TO:WFT) rose to all time highs; gaining 4.57% or 3.52 to 80.51.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 2.32% to 11.39.

Gold Futures for December delivery was down 0.21% or 2.63 to $1278.27 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 1.10% or 0.57 to hit $52.47 a barrel, while the December Brent oil contract rose 1.73% or 0.99 to trade at $58.36 a barrel.

CAD/USD was down 0.29% to 0.7884, while CAD/EUR fell 0.36% to 0.6706.

The US Dollar Index Futures was up 0.10% at 93.81.

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