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Canada stocks higher at close of trade; S&P/TSX Composite up 0.27%

Published 03/16/2017, 04:25 PM
Updated 03/16/2017, 04:25 PM
© Reuters.  Canada stocks higher at close of trade; S&P/TSX Composite up 0.27%

Investing.com – Canada stocks were higher after the close on Thursday, as gains in the Healthcare, Consumer Staples and Telecoms sectors led shares higher.

At the close in Toronto, the S&P/TSX Composite added 0.27%.

The best performers of the session on the S&P/TSX Composite were Premium Brands Holdings Corporation (TO:PBH), which rose 5.73% or 4.20 points to trade at 77.50 at the close. Meanwhile, Empire Company Ltd (TO:EMPa) added 4.50% or 0.78 points to end at 18.10 and First Quantum Minerals Ltd . (TO:FM) was up 3.84% or 0.54 points to 14.61 in late trade.

The worst performers of the session were Hudson's Bay Company (TO:HBC), which fell 3.96% or 0.46 points to trade at 11.15 at the close. Bonavista Energy Corp (TO:BNP) declined 3.40% or 0.120 points to end at 3.410 and Torex Gold Resources Inc (TO:TXG) was down 3.38% or 0.930 points to 26.590.

Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 578 to 560 and 149 ended unchanged.

Shares in Premium Brands Holdings Corporation (TO:PBH) rose to all time highs; rising 5.73% or 4.20 to 77.50.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was up 13.56% to 13.15.

Gold Futures for April delivery was up 2.14% or 25.65 to $1226.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 0.08% or 0.04 to hit $48.82 a barrel, while the May Brent oil contract fell 0.10% or 0.05 to trade at $51.76 a barrel.

CAD/USD was down 0.16% to 0.7505, while CAD/EUR fell 0.47% to 0.6970.

The US Dollar Index Futures was down 0.28% at 100.08.

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