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Canada shares higher at close of trade; S&P/TSX Composite up 0.54%

Published 2019/08/28, 23:25
© Reuters.  Canada shares higher at close of trade; S&P/TSX Composite up 0.54%
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Investing.com – Canada equities were higher at the close on Wednesday, as gains in the Energy, Healthcare and Telecoms sectors propelled shares higher.

At the close in Toronto, the S&P/TSX Composite rose 0.54%.

The biggest gainers of the session on the S&P/TSX Composite were Kelt Exploration Ltd. (TSX:KEL), which rose 10.40% or 0.260 points to trade at 2.760 at the close. MEG Energy Corp (TSX:MEG) added 9.89% or 0.43 points to end at 4.78 and Peyto Exploration&Development Corp (TSX:PEY) was up 8.82% or 0.27 points to 3.33 in late trade.

Biggest losers included Labrador Iron Ore Royalty Corp (TSX:LIF), which lost 4.04% or 1.05 points to trade at 24.95 in late trade. Shopify Inc (TSX:SHOP) declined 2.93% or 15.860 points to end at 525.630 and CannTrust Holdings Inc (TSX:TRST) shed 2.63% or 0.0600 points to 2.2200.

Advancing stocks outnumbered falling ones by 641 to 416 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 down 4.72% to 13.92.

In commodities trading, Gold Futures for December delivery was down 0.23% or 3.50 to $1548.30 a troy ounce. Meanwhile, Crude oil for delivery in October rose 1.77% or 0.97 to hit $55.90 a barrel, while the November Brent oil contract rose 0.02% or 0.01 to trade at $59.87 a barrel.

CAD/USD was up 0.01% to 0.7515, while CAD/EUR fell 0.01% to 0.6783.

The US Dollar Index Futures was up 0.26% at 98.165.

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