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Canada stocks higher at close of trade; S&P/TSX Composite up 0.72%

Published 07/11/2016, 04:25 PM
Updated 07/11/2016, 04:25 PM
© Reuters.  Canada stocks higher at close of trade; S&P/TSX Composite up 0.72%

Investing.com – Canada stocks were higher after the close on Monday, as gains in the Mining, Consumer Staples and Consumer Discretionary sectors led shares higher.

At the close in Toronto, the S&P/TSX Composite gained 0.72% to hit a new 1-month high.

The best performers of the session on the S&P/TSX Composite were HudBay Minerals Inc. (TO:HBM), which rose 6.74% or 0.43 points to trade at 6.81 at the close. Meanwhile, Linamar Corporation (TO:LNR) added 6.18% or 2.82 points to end at 48.43 and Bombardier Inc (TO:BBDb) was up 5.03% or 0.100 points to 2.090 in late trade.

The worst performers of the session were Precision Drilling Corporation (TO:PD), which fell 4.20% or 0.28 points to trade at 6.38 at the close. ShawCor Ltd . (TO:SCL) declined 3.16% or 1.00 points to end at 30.60 and NuVista Energy Ltd . (TO:NVA) was down 2.60% or 0.170 points to 6.370.

Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 766 to 418 and 124 ended unchanged.

Shares in Bombardier Inc (TO:BBDb) rose to 52-week highs; gaining 5.03% or 0.100 to 2.090.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 5.69% to 13.26.

Gold for August delivery was down 0.16% or 2.15 to $1356.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 1.96% or 0.89 to hit $44.52 a barrel, while the September Brent oil contract fell 1.48% or 0.69 to trade at $46.07 a barrel.

CAD/USD was down 0.61% to 0.7622, while CAD/EUR fell 0.69% to 0.6892.

The US Dollar Index was up 0.31% at 96.61.

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