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Canada shares higher at close of trade; S&P/TSX Composite up 0.07%

Published 27/01/2023, 21:25
Updated 27/01/2023, 21:25
© Reuters.  Canada shares higher at close of trade; S&P/TSX Composite up 0.07%

Investing.com – Canada equities were higher at the close on Friday, as gains in the IT, Energy and Clean Technology sectors propelled shares higher.

At the close in Toronto, the S&P/TSX Composite gained 0.07% to hit a new 6-month high.

The biggest gainers of the session on the S&P/TSX Composite were Lightspeed Commerce Inc (TSX:LSPD), which rose 6.86% or 1.57 points to trade at 24.44 at the close. Athabasca Oil Corp (TSX:ATH) added 6.75% or 0.17 points to end at 2.69 and Canopy Growth Corp (TSX:WEED) was up 5.71% or 0.21 points to 3.89 in late trade.

Biggest losers included MAG Silver Corp (TSX:MAG), which lost 5.80% or 1.13 points to trade at 18.36 in late trade. Fortuna Silver Mines Inc (TSX:FVI) declined 5.57% or 0.31 points to end at 5.26 and Ivanhoe Mines Ltd. (TSX:IVN) shed 4.68% or 0.58 points to 11.82.

Advancing stocks outnumbered falling ones by 574 to 414 and 110 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 1.22% to 14.14.

In commodities trading, Gold Futures for February delivery was down 0.09% or 1.75 to $1,928.25 a troy ounce. Meanwhile, Crude oil for delivery in March fell 1.93% or 1.56 to hit $79.45 a barrel, while the March Brent oil contract fell 1.19% or 1.04 to trade at $86.43 a barrel.

CAD/USD was unchanged 0.10% to 0.75, while CAD/EUR unchanged 0.33% to 0.69.

The US Dollar Index Futures was up 0.08% at 101.72.

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