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Canadianshares higher at close of trade; S&P/TSX Composite up 2.27%

Published 2020-03-31, 04:25 p/m
Updated 2020-03-31, 04:25 p/m
© Reuters.  Canada shares higher at close of trade; S&P/TSX Composite up 2.27%

© Reuters. Canada shares higher at close of trade; S&P/TSX Composite up 2.27%

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

At the close in Toronto, the S&P/TSX Composite rose 2.27%.

The biggest gainers of the session on the S&P/TSX Composite were ShawCor Ltd . (TSX:SCL), which rose 32.84% or 0.44 points to trade at 1.78 at the close. Canadian Natural Resources Ltd (TSX:CNQ) added 22.38% or 3.52 points to end at 19.25 and Cenovus Energy Inc (TSX:CVE) was up 18.67% or 0.45 points to 2.86 in late trade.

Biggest losers included Cronos Group Inc (TSX:CRON), which lost 11.42% or 1.03 points to trade at 7.99 in late trade. Brookfield Infrastructure Partners LP (TSX:BIP_u) declined 8.60% or 4.81 points to end at 51.10 and Seabridge Gold Inc . (TSX:SEA) shed 7.60% or 1.08 points to 13.13.

Advancing stocks outnumbered falling ones by 834 to 276 and 63 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 June delivery was down 3.22% or 52.95 to $1590.25 a troy ounce. Meanwhile, Crude oil for delivery in May rose 1.05% or 0.21 to hit $20.30 a barrel, while the June Brent oil contract fell 1.06% or 0.28 to trade at $26.14 a barrel.

CAD/USD was up 1.08% to 0.7133, while CAD/EUR rose 1.35% to 0.6473.

The US Dollar Index Futures was down 0.26% at 99.020.

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