Canada shares higher at close of trade; S&P/TSX Composite up 0.63%

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Canada shares higher at close of trade; S&P/TSX Composite up 0.63%
Credit: © Reuters. – Canada equities were higher at the close on Monday, as gains in the Financials , Industrials and IT sectors propelled shares higher.

At the close in Toronto, the S&P/TSX Composite rose 0.63% to hit a new 1-month high.

The biggest gainers of the session on the S&P/TSX Composite were IGM Financial Inc . (TO: IGM ), which rose 3.43% or 1.36 points to trade at 41.03 at the close. Ritchie Bros. Auctioneers Inc . (TO: RBA ) added 3.06% or 1.270 points to end at 42.770 and Manulife Financial Corporation (TO: MFC ) was up 3.03% or 0.70 points to 23.84 in late trade.

Biggest losers included Semafo Inc . (TO: SMF ), which lost 15.74% or 0.62 points to trade at 3.32 in late trade. Home Capital Group Inc . (TO: HCG ) declined 9.09% or 1.75 points to end at 17.50 and Sandstorm Gold Ltd . (TO: SSL ) shed 5.28% or 0.310 points to 5.560.

Advancing stocks outnumbered falling ones by 678 to 490 and 122 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 3.40% to 11.64.

In commodities trading, Gold Futures for June delivery was down 0.93% or 12.02 to $1277.08 a troy ounce. Meanwhile, Crude oil for delivery in June fell 0.85% or 0.42 to hit $49.20 a barrel, while the July Brent oil contract fell 0.72% or 0.38 to trade at $52.06 a barrel.

CAD/USD was down 0.01% to 0.7404, while CAD/EUR fell 1.36% to 0.6814.

The US Dollar Index Futures was down 0.75% at 98.91.

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