Canada shares higher at close of trade; S&P/TSX Composite up 0.98%

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Canada shares higher at close of trade; S&P/TSX Composite up 0.98%
Credit: © Reuters. – Canada equities were higher at the close on Friday, as gains in the Industrials , Materials and REITs sectors propelled shares higher.

At the close in Toronto, the S&P/TSX Composite rose 0.98% to hit a new 3-month high.

The biggest gainers of the session on the S&P/TSX Composite were Martinrea International Inc . (TO: MRE ), which rose 10.23% or 1.58 points to trade at 17.03 at the close. Pason Systems Inc . (TO: PSI ) added 9.39% or 1.74 points to end at 20.27 and Nevsun Resources Ltd (TO: NSU ) was up 8.83% or 0.310 points to 3.820 in late trade.

Biggest losers included Gildan Activewear Inc. (TO: GIL ), which lost 5.22% or 2.02 points to trade at 36.69 in late trade. Altus Group Limited (TO: AIF ) declined 4.04% or 1.300 points to end at 30.870 and Enerflex Ltd . (TO: EFX ) shed 4.02% or 0.63 points to 15.04.

Advancing stocks outnumbered falling ones by 641 to 426 and 147 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 2.44% to 13.60.

In commodities trading, Gold Futures for June delivery was up 0.21% or 2.80 to $1315.50 a troy ounce. Meanwhile, Crude oil for delivery in June rose 1.93% or 1.32 to hit $69.75 a barrel, while the July Brent oil contract rose 1.77% or 1.30 to trade at $74.92 a barrel.

CAD/USD was down 0.10% to 0.7776, while CAD/EUR rose 0.15% to 0.6503.

The US Dollar Index Futures was up 0.17% at 92.44.

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