Canada shares higher at close of trade; S&P/TSX Composite up 0.84%

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

At the close in Toronto, the S&P/TSX Composite rose 0.84% to hit a new 52-week high.

The biggest gainers of the session on the S&P/TSX Composite were TORC Oil & Gas Ltd. (TO: TOG ), which rose 7.58% or 0.53 points to trade at 7.52 at the close. HudBay Minerals Inc. (TO: HBM ) added 7.17% or 0.67 points to end at 10.01 and Teck Resources Ltd B (TO: TECKb ) was up 6.85% or 2.19 points to 34.18 in late trade.

Biggest losers included New Gold Inc . (TO: NGD ), which lost 5.42% or 0.310 points to trade at 5.410 in late trade. Guyana Goldfields Inc . (TO: GUY ) declined 3.53% or 0.220 points to end at 6.010 and Valeant Pharmaceuticals International Inc (TO: VRX ) shed 3.50% or 0.65 points to 17.91.

Advancing stocks outnumbered falling ones by 796 to 384 and 126 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 10.14% to 11.52.

In commodities trading, Gold for February delivery was down 0.52% or 6.35 to $1209.25 a troy ounce. Meanwhile, Crude oil for delivery in March rose 0.61% or 0.32 to hit $53.07 a barrel, while the March Brent oil contract rose 0.14% or 0.08 to trade at $55.31 a barrel.

CAD/USD was up 0.58% to 0.7598, while CAD/EUR rose 0.90% to 0.7080.

The US Dollar Index was up 0.31% at 100.26.