Canada shares higher at close of trade; S&P/TSX Composite up 0.50%

© Reuters. Canada shares higher at close of trade; S&P/TSX Composite up 0.50%

Investing.com – Canada equities were higher at the close on Tuesday, as gains in the Materials, Consumer Discretionary and REITs sectors propelled shares higher.

At the close in Toronto, the S&P/TSX Composite rose 0.50% to hit a new all time high.

The biggest gainers of the session on the S&P/TSX Composite were Detour Gold Corporation (TSX:DGC), which rose 6.35% or 1.25 points to trade at 20.94 at the close. Western Forest Products Inc (TSX:WEF) added 6.30% or 0.080 points to end at 1.350 and Barrick Gold Corporation (TSX:ABX) was up 5.80% or 1.31 points to 23.91 in late trade.

Biggest losers included CannTrust Holdings Inc (TSX:TRST), which lost 14.57% or 0.2900 points to trade at 1.7000 in late trade. Encana Corporation (TSX:ECA) declined 6.28% or 0.46 points to end at 6.87 and MEG Energy Corp (TSX:MEG) shed 5.77% or 0.38 points to 6.21.

Advancing stocks outnumbered falling ones by 566 to 492 and 113 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 down 3.34% to 11.86.

In commodities trading, Gold Futures for December delivery was down 0.16% or 2.35 to $1509.15 a troy ounce. Meanwhile, Crude oil for delivery in November fell 6.54% or 4.10 to hit $58.57 a barrel, while the November Brent oil contract rose 0.03% or 0.02 to trade at $64.17 a barrel.

CAD/USD was up 0.00% to 0.7550, while CAD/EUR rose 0.01% to 0.6818.

The US Dollar Index Futures was down 0.41% at 97.775.