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Canada stocks higher at close of trade; S&P/TSX Composite up 0.60%

By Investing.com2 min readInvesting.com
Canada stocks higher at close of trade; S&P/TSX Composite up 0.60%Canada stocks higher at close of trade; S&P/TSX Composite up 0.60%

Canada stocks higher at close of trade; S&P/TSX Composite up 0.60%

Canada stocks were higher after the close on Wednesday, as gains in the Financials, IT and Industrials sectors led shares higher.

At the close in Toronto, the S&P/TSX Composite rose 0.60%.

The best performers of the session on the S&P/TSX Composite were AbraSilver Resource Corp (TSX:ABRA), which rose 12.49% or 1.41 points to trade at 12.70 at the close. Meanwhile, BlackBerry Ltd (TSX:BB) added 6.18% or 0.77 points to end at 13.22 and Mullen Group Ltd. (TSX:MTL) was up 5.70% or 1.56 points to 28.95 in late trade.

The worst performers of the session were Ivanhoe Mines Ltd. (TSX:IVN), which fell 6.20% or 0.63 points to trade at 9.53 at the close. Magna International Inc (TSX:MG) declined 4.05% or 3.78 points to end at 89.51 and Capstone Copper Corp (TSX:CS) was down 3.19% or 0.39 points to 11.84.

Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 536 to 424 and 73 ended unchanged.

Shares in Ivanhoe Mines Ltd. (TSX:IVN) fell to 3-years lows; falling 6.20% or 0.63 to 9.53. Shares in Mullen Group Ltd. (TSX:MTL) rose to 5-year highs; up 5.70% or 1.56 to 28.95.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 1.50% to 13.82.

Gold Futures for December delivery was up 0.04% or 1.67 to $4,151.67 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.52% or 0.51 to hit $97.66 a barrel, while the December Brent oil contract rose 0.71% or 0.77 to trade at $109.59 a barrel.

CAD/USD was unchanged 0.11% to 0.71, while CAD/EUR unchanged 0.13% to 0.63.

The US Dollar Index Futures was down 0.08% at 101.52.