Investing.com – Canada stocks were higher after the close on Tuesday, as gains in the Energy, IT and Materials sectors led shares higher.
At the close in Toronto, the S&P/TSX Composite added 0.84% to hit a new 52-week high.
The best performers of the session on the S&P/TSX Composite were TORC Oil & Gas Ltd. (TO:TOG), which rose 7.58% or 0.53 points to trade at 7.52 at the close. Meanwhile, HudBay Minerals Inc. (TO:HBM) added 7.17% or 0.67 points to end at 10.01 and Teck Resources Ltd B (TO:TECKb) was up 6.85% or 2.19 points to 34.18 in late trade.
The worst performers of the session were New Gold Inc . (TO:NGD), which fell 5.42% or 0.310 points to trade at 5.410 at the close. Guyana Goldfields Inc . (TO:GUY) declined 3.53% or 0.220 points to end at 6.010 and Valeant Pharmaceuticals International Inc (TO:VRX) was down 3.50% or 0.65 points to 17.91.
Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 796 to 384 and 126 ended unchanged.
Shares in HudBay Minerals Inc. (TO:HBM) rose to 52-week highs; rising 7.17% or 0.67 to 10.01. Shares in Valeant Pharmaceuticals International Inc (TO:VRX) fell to 5-year lows; losing 3.50% or 0.65 to 17.91.
The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 10.14% to 11.52.
Gold for February delivery was down 0.51% or 6.25 to $1209.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.61% or 0.32 to hit $53.07 a barrel, while the March Brent oil contract rose 0.14% or 0.08 to trade at $55.31 a barrel.
CAD/USD was up 0.58% to 0.7598, while CAD/EUR rose 0.90% to 0.7079.
The US Dollar Index was up 0.31% at 100.26.