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Canada stocks higher at close of trade; S&P/TSX Composite up 0.89%

Published 07/08/2016, 04:25 PM
Updated 07/08/2016, 04:25 PM
© Reuters.  Canada stocks higher at close of trade; S&P/TSX Composite up 0.89%

Investing.com – Canada stocks were higher after the close on Friday, as gains in the Mining, Materials and Industrials sectors led shares higher.

At the close in Toronto, the S&P/TSX Composite rose 0.89%.

The best performers of the session on the S&P/TSX Composite were Mitel Networks Corporation (TO:MNW), which rose 19.67% or 1.54 points to trade at 9.37 at the close. Meanwhile, First Majestic Silver Corp. (TO:FR) added 7.83% or 1.51 points to end at 20.80 and B2Gold Corp (TO:BTO) was up 6.58% or 0.240 points to 3.890 in late trade.

The worst performers of the session were Cogeco Communications Inc (TO:CCA), which fell 2.70% or 1.72 points to trade at 61.87 at the close. Intertain Group (TO:IT) declined 1.70% or 0.17 points to end at 9.82 and TransAlta Corp (TO:TA) was down 1.49% or 0.10 points to 6.59.

Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 830 to 319 and 136 ended unchanged.

Shares in First Majestic Silver Corp. (TO:FR) rose to 3-years highs; up 7.83% or 1.51 to 20.80. Shares in B2Gold Corp (TO:BTO) rose to 3-years highs; gaining 6.58% or 0.240 to 3.890.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 8.22% to 14.06.

Gold for August delivery was up 0.33% or 4.55 to $1366.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.22% or 0.10 to hit $45.24 a barrel, while the September Brent oil contract rose 0.54% or 0.25 to trade at $46.65 a barrel.

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CAD/USD was down 0.30% to 0.7669, while CAD/EUR fell 0.19% to 0.6941.

The US Dollar Index was unchanged 0.00% at 96.33.

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