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Canada stocks higher at close of trade; S&P/TSX Composite up 0.71%

Published 03/11/2019, 04:25 PM
Updated 03/11/2019, 04:25 PM
© Reuters.  Canada stocks higher at close of trade; S&P/TSX Composite up 0.71%

Investing.com – Canada stocks were higher after the close on Monday, as gains in the IT, Clean Technology and Energy sectors led shares higher.

At the close in Toronto, the S&P/TSX Composite added 0.71% to hit a new 3-months high.

The best performers of the session on the S&P/TSX Composite were Interfor Corp (TO:IFP), which rose 7.28% or 1.13 points to trade at 16.66 at the close. Meanwhile, Shopify Inc (TO:SHOP) added 5.54% or 14.100 points to end at 268.460 and Canfor Corporation (TO:CFP) was up 5.52% or 0.81 points to 15.49 in late trade.

The worst performers of the session were Endeavour Mining Corp (TO:EDV), which fell 6.96% or 1.470 points to trade at 19.640 at the close. IAMGold Corporation (TO:IMG) declined 4.33% or 0.210 points to end at 4.640 and Computer Modelling Group Ltd. (TO:CMG) was down 4.07% or 0.24 points to 5.66.

Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 606 to 469 and 118 ended unchanged.

Shares in Shopify Inc (TO:SHOP) rose to all time highs; rising 5.54% or 14.100 to 268.460.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was up 0.08% to 13.31.

Gold Futures for April delivery was down 0.46% or 5.95 to $1293.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 1.41% or 0.79 to hit $56.86 a barrel, while the May Brent oil contract rose 1.45% or 0.95 to trade at $66.69 a barrel.

CAD/USD was up 0.19% to 0.7462, while CAD/EUR rose 0.14% to 0.6636.

The US Dollar Index Futures was down 0.12% at 97.153.

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