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Canada shares higher at close of trade; S&P/TSX Composite up 0.96%

Published 09/02/2022, 20:25
© Reuters.  Canada shares higher at close of trade; S&P/TSX Composite up 0.96%
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Investing.com – Canada equities were higher at the close on Wednesday, as gains in the Healthcare, IT and Clean Technology sectors propelled shares higher.

At the close in Toronto, the S&P/TSX Composite gained 0.96% to hit a new 1-month high.

The biggest gainers of the session on the S&P/TSX Composite were Canopy Growth Corp (TSX:WEED), which rose 13.41% or 1.310 points to trade at 11.080 at the close. Cameco Corp (TSX:CCO) added 13.39% or 3.38 points to end at 28.62 and Aurora Cannabis Inc (TSX:ACB) was up 9.59% or 0.510 points to 5.830 in late trade.

Biggest losers included OceanaGold Corporation (TSX:OGC), which lost 4.66% or 0.095 points to trade at 1.945 in late trade. Osisko Mining Corp (TSX:OSK) declined 3.43% or 0.17 points to end at 4.79 and Wesdome Gold Mines Ltd. (TSX:WDO) shed 1.98% or 0.25 points to 12.35.

Advancing stocks outnumbered falling ones by 742 to 299 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 0.17% to 23.20.

In commodities trading, Gold Futures for April delivery was up 0.26% or 4.80 to $1832.70 a troy ounce. Meanwhile, Crude oil for delivery in March rose 0.64% or 0.57 to hit $89.93 a barrel, while the April Brent oil contract rose 0.99% or 0.90 to trade at $91.68 a barrel.

CAD/USD was up 0.25% to 0.7884, while CAD/EUR rose 0.20% to 0.6903.

The US Dollar Index Futures was down 0.07% at 95.570.

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