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Canada shares higher at close of trade; S&P/TSX Composite up 1.05%

Published 2022-05-27, 04:25 p/m
© Reuters Canada shares higher at close of trade; S&P/TSX Composite up 1.05%
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Investing.com – Canada equities were higher at the close on Friday, as gains in the IT, Real Estate and Energy sectors propelled shares higher.

At the close in Toronto, the S&P/TSX Composite rose 1.05%.

The biggest gainers of the session on the S&P/TSX Composite were Hut 8 Mining Corp (TSX:HUT), which rose 8.11% or 0.24 points to trade at 3.20 at the close. BlackBerry Ltd (TSX:BB) added 7.61% or 0.59 points to end at 8.34 and LifeWorks Inc (TSX:LWRK) was up 6.79% or 1.12 points to 17.62 in late trade.

Biggest losers included Aurora Cannabis Inc (TSX:ACB), which lost 38.33% or 1.33 points to trade at 2.14 in late trade. Canopy Growth Corp (TSX:WEED) declined 13.62% or 0.97 points to end at 6.15 and Canadian Western Bank (TSX:CWB) shed 9.61% or 3.19 points to 30.02.

Advancing stocks outnumbered falling ones by 700 to 303 and 107 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 7.37% to 20.62.

In commodities trading, Gold Futures for June delivery was up 0.20% or 3.76 to $1,851.36 a troy ounce. Meanwhile, Crude oil for delivery in July rose 0.90% or 1.03 to hit $115.12 a barrel, while the August Brent oil contract rose 1.19% or 1.36 to trade at $115.53 a barrel.

CAD/USD was unchanged 0.41% to 0.79, while CAD/EUR unchanged 0.40% to 0.73.

The US Dollar Index Futures was down 0.16% at 101.69.

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