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

Published 08/09/2016, 04:25 PM
Updated 08/09/2016, 04:25 PM
© Reuters.  Canada stocks higher at close of trade; S&P/TSX Composite up 0.31%

Investing.com – Canada stocks were higher after the close on Tuesday, as gains in the Healthcare, Consumer Staples and Telecoms sectors led shares higher.

At the close in Toronto, the S&P/TSX Composite gained 0.31% to hit a new 52-week high.

The best performers of the session on the S&P/TSX Composite were Valeant Pharmaceuticals International Inc (TO:VRX), which rose 24.97% or 7.37 points to trade at 36.88 at the close. Meanwhile, Guyana Goldfields Inc . (TO:GUY) added 5.44% or 0.460 points to end at 8.920 and Premium Brands Holdings Corporation (TO:PBH) was up 5.21% or 2.95 points to 59.60 in late trade.

The worst performers of the session were Ritchie Bros. Auctioneers Inc . (TO:RBA), which fell 10.84% or 4.680 points to trade at 38.500 at the close. IAMGold Corporation (TO:IMG) declined 10.70% or 0.800 points to end at 6.680 and Bonavista Energy Corp (TO:BNP) was down 3.29% or 0.130 points to 3.820.

Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 626 to 530 and 133 ended unchanged.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 3.09% to 12.22.

Gold for December delivery was up 0.31% or 4.20 to $1345.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.60% or 0.26 to hit $42.76 a barrel, while the October Brent oil contract fell 0.88% or 0.40 to trade at $44.99 a barrel.

CAD/USD was up 0.33% to 0.7625, while CAD/EUR rose 0.10% to 0.6861.

The US Dollar Index was down 0.21% at 96.09.

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