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Canada stocks higher at close of trade; S&P/TSX Composite up 1.20%

Published 08/15/2024, 04:30 PM
© Reuters Canada stocks higher at close of trade; S&P/TSX Composite up 1.20%
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Investing.com – Canada stocks were higher after the close on Thursday, as gains in the IT, Consumer Discretionary and Energy sectors led shares higher.

At the close in Toronto, the S&P/TSX Composite added 1.20%.

The best performers of the session on the S&P/TSX Composite were First Quantum Minerals Ltd . (TSX:FM), which rose 7.77% or 1.21 points to trade at 16.79 at the close. Meanwhile, Celestica Inc. (TSX:CLS) added 7.34% or 5.26 points to end at 76.92 and Algoma Steel Group Inc (TSX:ASTL) was up 6.38% or 0.82 points to 13.67 in late trade.

The worst performers of the session were Wesdome Gold Mines Ltd. (TSX:WDO), which fell 4.99% or 0.71 points to trade at 13.51 at the close. Africa Oil Corp (TSX:AOI) declined 2.30% or 0.05 points to end at 2.12 and Northland Power Inc . (TSX:NPI) was down 1.77% or 0.42 points to 23.25.

Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 682 to 265 and 85 ended unchanged.

Shares in Algoma Steel Group Inc (TSX:ASTL) rose to 52-week highs; rising 6.38% or 0.82 to 13.67.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 5.29% to 11.45.

Gold Futures for December delivery was up 0.57% or 14.15 to $2,493.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 1.31% or 1.01 to hit $77.99 a barrel, while the October Brent oil contract rose 1.42% or 1.13 to trade at $80.89 a barrel.

CAD/USD was unchanged 0.11% to 0.73, while CAD/EUR unchanged 0.27% to 0.66.

The US Dollar Index Futures was up 0.48% at 102.88.

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