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Canada shares higher at close of trade; S&P/TSX Composite up 0.60%

Published 30/12/2021, 07:25 am
© Reuters.  Canada shares higher at close of trade; S&P/TSX Composite up 0.60%
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Investing.com – Canada equities were higher at the close on Wednesday, as gains in the Energy, Consumer Discretionary and Financials sectors propelled shares higher.

At the close in Toronto, the S&P/TSX Composite rose 0.60% to hit a new 1-month high.

The biggest gainers of the session on the S&P/TSX Composite were Interfor Corp (TSX:IFP), which rose 13.21% or 4.68 points to trade at 40.12 at the close. Canfor Corporation (TSX:CFP) added 8.78% or 2.57 points to end at 31.84 and Baytex Energy Corp (TSX:BTE) was up 8.74% or 0.320 points to 3.980 in late trade.

Biggest losers included Aurora Cannabis Inc (TSX:ACB), which lost 13.45% or 1.080 points to trade at 6.950 in late trade. Hut 8 Mining Corp (TSX:HUT) declined 12.71% or 1.420 points to end at 9.750 and Cronos Group Inc (TSX:CRON) shed 12.07% or 0.67 points to 4.88.

Advancing stocks outnumbered falling ones by 585 to 506 and 89 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 12.12% to 15.63.

In commodities trading, Gold Futures for February delivery was down 0.31% or 5.70 to $1805.20 a troy ounce. Meanwhile, Crude oil for delivery in February rose 0.66% or 0.50 to hit $76.48 a barrel, while the March Brent oil contract rose 0.62% or 0.49 to trade at $79.16 a barrel.

CAD/USD was up 0.24% to 0.7816, while CAD/EUR fell 0.01% to 0.6891.

The US Dollar Index Futures was down 0.31% at 95.903.

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