Canada shares higher at close of trade; S&P/TSX Composite up 0.35%

Canada shares higher at close of trade; S&P/TSX Composite up 0.35%  | Jun 23, 2020 21:25

Canada shares higher at close of trade; S&P/TSX Composite up 0.35% – Canada equities were higher at the close on Tuesday, as gains in the Energy, Materials and REITs sectors propelled shares higher.

At the close in Toronto, the S&P/TSX Composite rose 0.35%.

The biggest gainers of the session on the S&P/TSX Composite were Ero Copper Corp (TSX:ERO), which rose 11.38% or 1.93 points to trade at 18.89 at the close. MEG Energy Corp (TSX:MEG) added 7.82% or 0.28 points to end at 3.86 and Whitecap Resources Inc . (TSX:WCP) was up 6.58% or 0.15 points to 2.43 in late trade.

Biggest losers included Westshore Terminals Investment Corp (TSX:WTE), which lost 3.32% or 0.59 points to trade at 17.18 in late trade. Empire Company Ltd (TSX:EMPa) declined 3.17% or 1.04 points to end at 31.78 and Pason Systems Inc . (TSX:PSI) shed 3.17% or 0.25 points to 7.63.

Advancing stocks outnumbered falling ones by 646 to 368 and 114 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 unchanged 0% to 11.27.

In commodities trading, Gold Futures for August delivery was up 1.02% or 18.00 to $1784.40 a troy ounce. Meanwhile, Crude oil for delivery in August fell 1.33% or 0.54 to hit $40.19 a barrel, while the August Brent oil contract fell 1.53% or 0.66 to trade at $42.42 a barrel.

CAD/USD was down 0.24% to 0.7376, while CAD/EUR fell 0.61% to 0.6526.

The US Dollar Index Futures was down 0.32% at 96.677.

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