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Canada stocks higher at close of trade; S&P/TSX Composite up 0.03%

Published 05/29/2017, 04:25 PM
© Reuters.  Canada stocks higher at close of trade; S&P/TSX Composite up 0.03%

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

At the close in Toronto, the S&P/TSX Composite gained 0.03%.

The best performers of the session on the S&P/TSX Composite were Boyd Group Income Fund (TO:BYD_u), which rose 9.84% or 8.83 points to trade at 98.56 at the close. Meanwhile, Bombardier Inc (TO:BBDb) added 3.56% or 0.080 points to end at 2.330 and Sleep Country Canada Holdings Inc (TO:ZZZ) was up 2.13% or 0.85 points to 40.67 in late trade.

The worst performers of the session were Asanko Gold Inc (TO:AKG), which fell 2.93% or 0.080 points to trade at 2.650 at the close. Eldorado Gold Corporation (TO:ELD) declined 2.67% or 0.12 points to end at 4.38 and Canopy Growth Corp (TO:WEED) was down 2.38% or 0.190 points to 7.810.

Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 613 to 482 and 118 ended unchanged.

Shares in Boyd Group Income Fund (TO:BYD_u) rose to all time highs; rising 9.84% or 8.83 to 98.56. Shares in Asanko Gold Inc (TO:AKG) fell to 52-week lows; falling 2.93% or 0.080 to 2.650. Shares in Sleep Country Canada Holdings Inc (TO:ZZZ) rose to all time highs; up 2.13% or 0.85 to 40.67.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 14.90% to 10.68 a new 1-month low.

Gold Futures for June delivery was down 0.12% or 1.50 to $1266.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 0.38% or 0.19 to hit $49.99 a barrel, while the August Brent oil contract rose 0.13% or 0.07 to trade at $52.58 a barrel.

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CAD/USD was down 0.09% to 0.7433, while CAD/EUR rose 0.06% to 0.6652.

The US Dollar Index Futures was unchanged 0.00% at 97.33.

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