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Canada stocks higher at close of trade; S&P/TSX Composite up 0.51%

Published 08/30/2024, 04:30 PM
© Reuters Canada stocks higher at close of trade; S&P/TSX Composite up 0.51%
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Investing.com – Canada stocks were higher after the close on Friday, as gains in the IT, Consumer Discretionary and Financials sectors led shares higher.

At the close in Toronto, the S&P/TSX Composite gained 0.51%.

The best performers of the session on the S&P/TSX Composite were Capstone Mining Corp (TSX:CS), which rose 4.31% or 0.40 points to trade at 9.67 at the close. Meanwhile, HudBay Minerals Inc (TSX:HBM) added 4.17% or 0.44 points to end at 11.00 and Stella-Jones Inc. (TSX:SJ) was up 3.64% or 3.26 points to 92.80 in late trade.

The worst performers of the session were Laurentian Bank Of Canada (TSX:LB), which fell 4.27% or 1.15 points to trade at 25.81 at the close. Wesdome Gold Mines Ltd. (TSX:WDO) declined 3.66% or 0.49 points to end at 12.89 and Baytex Energy Corp (TSX:BTE) was down 3.03% or 0.15 points to 4.80.

Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 550 to 376 and 106 ended unchanged.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 4.59% to 10.40 a new 1-month low.

Gold Futures for December delivery was down 0.98% or 25.15 to $2,535.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 3.07% or 2.33 to hit $73.58 a barrel, while the November Brent oil contract fell 2.40% or 1.89 to trade at $76.93 a barrel.

CAD/USD was unchanged 0.04% to 0.74, while CAD/EUR unchanged 0.21% to 0.67.

The US Dollar Index Futures was up 0.37% at 101.64.

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