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Canada shares higher at close of trade; S&P/TSX Composite up 0.08%

Published 21/05/2022, 06:25 am
© Reuters.  Canada shares higher at close of trade; S&P/TSX Composite up 0.08%
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Investing.com – Canada equities were higher at the close on Friday, as gains in the Utilities, Telecoms and Consumer Staples sectors propelled shares higher.

At the close in Toronto, the S&P/TSX Composite added 0.08%.

The biggest gainers of the session on the S&P/TSX Composite were Kinaxis Inc (TSX:KXS), which rose 3.80% or 5.35 points to trade at 146.00 at the close. Dollarama Inc (TSX:DOL) added 3.45% or 2.28 points to end at 68.30 and Open Text Corp (TSX:OTEX) was up 3.43% or 1.68 points to 50.66 in late trade.

Biggest losers included Shopify Inc (TSX:SHOP), which lost 7.05% or 35.37 points to trade at 466.30 in late trade. Bombardier Inc (TSX:BBDb) declined 5.79% or 0.07 points to end at 1.14 and Canopy Growth Corp (TSX:WEED) shed 5.59% or 0.42 points to 7.09.

Declining stocks outnumbered rising ones by 555 to 430 and 108 ended unchanged on the Toronto Stock Exchange.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was up 6.78% to 24.27.

In commodities trading, Gold Futures for June delivery was up 0.12% or 2.16 to $1,843.36 a troy ounce. Meanwhile, Crude oil for delivery in July rose 0.71% or 0.78 to hit $110.67 a barrel, while the July Brent oil contract rose 0.88% or 0.99 to trade at $113.03 a barrel.

CAD/USD was unchanged 0.04% to 0.78, while CAD/EUR unchanged 0.29% to 0.74.

The US Dollar Index Futures was up 0.32% at 103.08.

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