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Canadian shares higher at close of trade; S&P/TSX Composite up 2.73%

Published 2020-03-30, 04:25 p/m
Updated 2020-03-30, 04:25 p/m
© Reuters.  Canada shares higher at close of trade; S&P/TSX Composite up 2.73%

© Reuters. Canada shares higher at close of trade; S&P/TSX Composite up 2.73%

Investing.com – Canadian equities were higher at the close on Monday, as gains in the Energy, Utilities and IT sectors propelled shares higher.

At the close in Toronto, the S&P/TSX Composite rose 2.73%.

The biggest gainers of the session on the S&P/TSX Composite were MEG Energy Corp (TSX:MEG), which rose 22.13% or 0.27 points to trade at 1.49 at the close. Canadian Natural Resources Ltd (TSX:CNQ) added 18.18% or 2.42 points to end at 15.73 and Suncor Energy Inc (TSX:SU) was up 15.66% or 2.57 points to 18.98 in late trade.

Biggest losers included Hexo Corp (TSX:HEXO), which lost 28.10% or 0.430 points to trade at 1.100 in late trade. Aurora Cannabis Inc (TSX:ACB) declined 13.70% or 0.200 points to end at 1.260 and Cineplex Inc . (TSX:CGX) shed 12.38% or 1.66 points to 11.75.

Advancing stocks outnumbered falling ones by 680 to 405 and 68 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 0.76% or 12.55 to $1641.55 a troy ounce. Meanwhile, Crude oil for delivery in May fell 5.49% or 1.18 to hit $20.33 a barrel, while the June Brent oil contract fell 5.62% or 1.57 to trade at $26.38 a barrel.

CAD/USD was down 1.08% to 0.7070, while CAD/EUR fell 0.28% to 0.6399.

The US Dollar Index Futures was up 0.60% at 99.130.

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