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Canada stocks higher at close of trade; S&P/TSX Composite up 0.54%

Published 08/28/2019, 05:25 PM
© Reuters.  Canada stocks higher at close of trade; S&P/TSX Composite up 0.54%
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Investing.com – Canada stocks were higher after the close on Wednesday, as gains in the Energy, Healthcare and Telecoms sectors led shares higher.

At the close in Toronto, the S&P/TSX Composite rose 0.54%.

The best performers of the session on the S&P/TSX Composite were Kelt Exploration Ltd. (TSX:KEL), which rose 10.40% or 0.260 points to trade at 2.760 at the close. Meanwhile, MEG Energy Corp (TSX:MEG) added 9.89% or 0.43 points to end at 4.78 and Peyto Exploration&Development Corp (TSX:PEY) was up 8.82% or 0.27 points to 3.33 in late trade.

The worst performers of the session were Labrador Iron Ore Royalty Corp (TSX:LIF), which fell 4.04% or 1.05 points to trade at 24.95 at the close. Shopify Inc (TSX:SHOP) declined 2.93% or 15.860 points to end at 525.630 and CannTrust Holdings Inc (TSX:TRST) was down 2.63% or 0.0600 points to 2.2200.

Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 641 to 416 and 107 ended unchanged.

Shares in CannTrust Holdings Inc (TSX:TRST) fell to 52-week lows; losing 2.63% or 0.0600 to 2.2200.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 4.72% to 13.92.

Gold Futures for December delivery was down 0.23% or 3.50 to $1548.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 1.77% or 0.97 to hit $55.90 a barrel, while the November Brent oil contract rose 0.02% or 0.01 to trade at $59.87 a barrel.

CAD/USD was up 0.01% to 0.7515, while CAD/EUR fell 0.01% to 0.6783.

The US Dollar Index Futures was up 0.26% at 98.165.

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