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Canada shares higher at close of trade; S&P/TSX Composite up 1.61%

Published 03/12/2021, 06:25 am
© Reuters.  Canada shares higher at close of trade; S&P/TSX Composite up 1.61%
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Investing.com – Canada equities were higher at the close on Thursday, as gains in the Consumer Staples, Consumer Discretionary and Financials sectors propelled shares higher.

At the close in Toronto, the S&P/TSX Composite gained 1.61%.

The biggest gainers of the session on the S&P/TSX Composite were Bombardier Inc (TSX:BBDb), which rose 6.45% or 0.100 points to trade at 1.650 at the close. Lundin Mining Corporation (TSX:LUN) added 6.10% or 0.605 points to end at 10.515 and Celestica Inc. (TSX:CLS) was up 5.30% or 0.67 points to 13.32 in late trade.

Biggest losers included Wesdome Gold Mines Ltd. (TSX:WDO), which lost 5.37% or 0.65 points to trade at 11.46 in late trade. Canada Goose Holdings Inc (TSX:GOOS) declined 4.93% or 2.61 points to end at 50.32 and IAMGold Corporation (TSX:IMG) shed 4.18% or 0.16 points to 3.67.

Advancing stocks outnumbered falling ones by 575 to 432 and 107 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 0.74% to 17.77 a new 1-month high.

In commodities trading, Gold Futures for February delivery was down 1.03% or 18.45 to $1765.85 a troy ounce. Meanwhile, Crude oil for delivery in January rose 0.46% or 0.30 to hit $65.87 a barrel, while the February Brent oil contract rose 0.38% or 0.26 to trade at $69.13 a barrel.

CAD/USD was up 0.08% to 0.7807, while CAD/EUR rose 0.20% to 0.6904.

The US Dollar Index Futures was up 0.07% at 96.095.

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