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Canada stocks higher at close of trade; S&P/TSX Composite up 0.24%

Published 07/22/2016, 04:25 PM
Updated 07/22/2016, 04:25 PM
© Reuters.  Canada stocks higher at close of trade; S&P/TSX Composite up 0.24%

Investing.com – Canada stocks were higher after the close on Friday, as gains in the Telecoms, Clean Technology and Utilities sectors led shares higher.

At the close in Toronto, the S&P/TSX Composite gained 0.24% to hit a new 52-week high.

The best performers of the session on the S&P/TSX Composite were Celestica Inc. (TO:CLS), which rose 8.51% or 1.12 points to trade at 14.28 at the close. Meanwhile, Bonavista Energy Corp (TO:BNP) added 4.84% or 0.180 points to end at 3.900 and Crew Energy Inc (TO:CR) was up 3.15% or 0.18 points to 5.90 in late trade.

The worst performers of the session were Valeant Pharmaceuticals International Inc (TO:VRX), which fell 6.24% or 2.00 points to trade at 30.03 at the close. Concordia Healthcare Corp (TO:CXR) declined 4.45% or 1.19 points to end at 25.55 and HudBay Minerals Inc. (TO:HBM) was down 4.25% or 0.28 points to 6.31.

Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 659 to 439 and 155 ended unchanged.

Shares in Concordia Healthcare Corp (TO:CXR) fell to 52-week lows; down 4.45% or 1.19 to 25.55.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was up 0.08% to 12.59.

Gold for August delivery was down 0.60% or 8.00 to $1323.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 1.16% or 0.52 to hit $44.23 a barrel, while the September Brent oil contract fell 1.02% or 0.47 to trade at $45.73 a barrel.

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CAD/USD was down 0.42% to 0.7609, while CAD/EUR rose 0.04% to 0.6933.

The US Dollar Index was up 0.52% at 97.44.

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