Canada shares higher at close of trade; S&P/TSX Composite up 1.84%

© Reuters. Canada shares higher at close of trade; S&P/TSX Composite up 1.84%

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

At the close in Toronto, the S&P/TSX Composite gained 1.84%.

The biggest gainers of the session on the S&P/TSX Composite were West Fraser Timber Co Ltd (TSX:WFG), which rose 14.72% or 15.89 points to trade at 123.83 at the close. Interfor Corp (TSX:IFP) added 9.00% or 2.48 points to end at 30.03 and Bombardier Inc (TSX:BBDb) was up 8.90% or 1.82 points to 22.27 in late trade.

Biggest losers included Franco-Nevada Corporation (TSX:FNV), which lost 2.40% or 3.92 points to trade at 159.73 in late trade. Capstone Mining Corp (TSX:CS) declined 1.92% or 0.05 points to end at 2.55 and Telus International Cda Inc (TSX:TIXT) shed 1.47% or 0.52 points to 34.93.

Advancing stocks outnumbered falling ones by 690 to 308 and 99 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 0.05% to 21.31.

In commodities trading, Gold Futures for August delivery was down 0.06% or 0.95 to $1,709.25 a troy ounce. Meanwhile, Crude oil for delivery in September rose 1.25% or 1.24 to hit $100.66 a barrel, while the September Brent oil contract rose 1.01% or 1.07 to trade at $107.34 a barrel.

CAD/USD was up 0.86% to 0.78, while CAD/EUR unchanged 0.07% to 0.76.

The US Dollar Index Futures was down 0.61% at 106.58.