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Canada shares higher at close of trade; S&P/TSX Composite up 0.03%

Published 2017-05-29, 04:25 p/m
Updated 2017-05-29, 04:25 p/m
© Reuters.  Canada shares higher at close of trade; S&P/TSX Composite up 0.03%

Investing.com – Canada equities were higher at the close on Monday, as gains in the IT, Industrials and Financials sectors propelled shares higher.

At the close in Toronto, the S&P/TSX Composite rose 0.03%.

The biggest gainers of the session on the S&P/TSX Composite were Boyd Group Income Fund (TO:BYD_u), which rose 9.84% or 8.83 points to trade at 98.56 at the close. Bombardier Inc (TO:BBDb) added 3.56% or 0.080 points to end at 2.330 and Sleep Country Canada Holdings Inc (TO:ZZZ) was up 2.13% or 0.85 points to 40.67 in late trade.

Biggest losers included Asanko Gold Inc (TO:AKG), which lost 2.93% or 0.080 points to trade at 2.650 in late trade. Eldorado Gold Corporation (TO:ELD) declined 2.67% or 0.12 points to end at 4.38 and Canopy Growth Corp (TO:WEED) shed 2.38% or 0.190 points to 7.810.

Advancing stocks outnumbered falling ones by 613 to 482 and 118 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 14.90% to 10.68 a new 1-month low.

In commodities trading, Gold Futures for June delivery was down 0.12% or 1.50 to $1266.60 a troy ounce. Meanwhile, Crude oil for delivery in July rose 0.38% or 0.19 to hit $49.99 a barrel, while the August Brent oil contract rose 0.13% or 0.07 to trade at $52.58 a barrel.

CAD/USD was down 0.09% to 0.7433, while CAD/EUR rose 0.09% to 0.6654.

The US Dollar Index Futures was unchanged 0.00% at 97.33.

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