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Canadian shares higher at close of trade; S&P/TSX Composite up 2.91%

Published 2020-04-29, 04:25 p/m
© Reuters.  Canada shares higher at close of trade; S&P/TSX Composite up 2.91%
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Investing.com – Canada equities were higher at the close on Wednesday, as gains in the Energy, Financials and Consumer Discretionary sectors propelled shares higher.

At the close in Toronto, the S&P/TSX Composite added 2.91% to hit a new 1-month high.

The biggest gainers of the session on the S&P/TSX Composite were Celestica Inc. (TSX:CLS), which rose 17.70% or 1.28 points to trade at 8.51 at the close. Crescent Point Energy Corp . (TSX:CPG) added 17.53% or 0.27 points to end at 1.81 and ShawCor Ltd . (TSX:SCL) was up 17.47% or 0.29 points to 1.95 in late trade.

Biggest losers included Loblaw Companies Limited (TSX:L), which lost 3.84% or 2.82 points to trade at 70.55 in late trade. Hexo Corp (TSX:HEXO) declined 2.74% or 0.020 points to end at 0.710 and Spin Master Corp (TSX:TOY) shed 2.71% or 0.57 points to 20.48.

Advancing stocks outnumbered falling ones by 944 to 183 and 66 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 up 0.49% or 8.45 to $1730.65 a troy ounce. Meanwhile, Crude oil for delivery in June rose 23.01% or 2.84 to hit $15.18 a barrel, while the July Brent oil contract rose 6.68% or 1.52 to trade at $24.26 a barrel.

CAD/USD was up 0.78% to 0.7199, while CAD/EUR rose 0.27% to 0.6620.

The US Dollar Index Futures was down 0.34% at 99.595.

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