Canada shares higher at close of trade; S&P/TSX Composite up 0.21%

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Canada shares higher at close of trade; S&P/TSX Composite up 0.21%
Credit: © Reuters. – Canada equities were higher at the close on Tuesday, as gains in the Consumer Staples , Energy and Consumer Discretionary sectors propelled shares higher.

At the close in Toronto, the S&P/TSX Composite gained 0.21% to hit a new 1-month high.

The biggest gainers of the session on the S&P/TSX Composite were West Fraser Timber Co. Ltd . (TO: WFT ), which rose 8.77% or 4.94 points to trade at 61.30 at the close. Canfor Corporation (TO: CFP ) added 7.87% or 1.43 points to end at 19.61 and Metro Inc . (TO: MRU ) was up 6.86% or 2.90 points to 45.18 in late trade.

Biggest losers included Barrick Gold Corporation (TO: ABX ), which lost 10.97% or 2.82 points to trade at 22.89 in late trade. Yamana Gold Inc (TO: YRI ) declined 6.77% or 0.27 points to end at 3.72 and Detour Gold Corporation (TO: DGC ) shed 6.72% or 1.12 points to 15.55.

Advancing stocks outnumbered falling ones by 658 to 513 and 118 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 0.26% to 11.57.

In commodities trading, Gold Futures for June delivery was down 0.99% or 12.60 to $1264.90 a troy ounce. Meanwhile, Crude oil for delivery in June rose 0.93% or 0.46 to hit $49.69 a barrel, while the July Brent oil contract rose 1.11% or 0.58 to trade at $52.71 a barrel.

CAD/USD was down 0.55% to 0.7365, while CAD/EUR fell 1.10% to 0.6740.

The US Dollar Index Futures was down 0.25% at 98.66.

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