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Canada stocks higher at close of trade; S&P/TSX Composite up 2.49%

Published 2016-02-17, 04:25 p/m
© Reuters.  Canada stocks higher at close of trade; S&P/TSX Composite up 2.49%

Investing.com – Canada stocks were higher after the close on Wednesday, as gains in the Mining, Energy and Healthcare sectors led shares higher.

At the close in Toronto, the S&P/TSX Composite gained 2.49% to hit a new 1-month high.

The best performers of the session on the S&P/TSX Composite were First Quantum Minerals Ltd . (TO:FM), which rose 25.58% or 1.00 points to trade at 4.91 at the close. Meanwhile, Bombardier Inc (TO:BBDb) added 21.11% or 0.19 points to end at 1.09 and Teck Resources Ltd (TO:TCKb) was up 18.59% or 1.32 points to 8.42 in late trade.

The worst performers of the session were Air Canada (TO:AC), which fell 12.13% or 1.020 points to trade at 7.390 at the close. Canaccord Genuity Group Inc (TO:CF) declined 6.23% or 0.25 points to end at 3.76 and Colliers International Group (TO:CIG) was down 3.07% or 1.41 points to 44.51.

Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 907 to 335 and 310 ended unchanged.

Shares in Canaccord Genuity Group Inc (TO:CF) fell to 5-year lows; falling 6.23% or 0.25 to 3.76.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 10.29% to 24.68.

Gold for April delivery was up 0.15% or 1.80 to $1210.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 5.25% or 1.52 to hit $30.57 a barrel, while the April Brent oil contract rose 6.43% or 2.07 to trade at $34.25 a barrel.

CAD/USD was up 1.23% to 0.7302, while CAD/EUR rose 1.41% to 0.6564.

The US Dollar Index was down 0.01% at 96.89.

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