Canada shares higher at close of trade; S&P/TSX Composite up 1.96%

December 13, 2023 01:30 PM PST | By Investing

Google News:

Canada shares higher at close of trade; S&P/TSX Composite up 1.96%

Recent News

Kalkine : Magnachip Performed This Quarter in S and P 500

Kalkine : Is W.W. Grainger Still Aligned With S&P 500 Direction

Kalkine : Owns Orchid Island Capital Most on NYSE Composite

Kalkine : NPKI Performance Reflecting Real Financial Strength on NYSE...

Investing.com – Canada equities were higher at the close on Wednesday, as gains in the REITs, Materials and Clean Technology sectors propelled shares higher.

At the close in Toronto, the S&P/TSX Composite added 1.96% to hit a new 6-month high.

The biggest gainers of the session on the S&P/TSX Composite were K92 Mining Inc (TSX:KNT), which rose 12.06% or 0.65 points to trade at 6.04 at the close. Orla Mining Ltd (TSX:OLA) added 11.33% or 0.41 points to end at 4.03 and First Majestic Silver Corp. (TSX:FR) was up 10.89% or 0.81 points to 8.25 in late trade.

Biggest losers included NexGen Energy Ltd. (TSX:NXE), which lost 2.59% or 0.24 points to trade at 9.04 in late trade. Denison Mines Corp (TSX:DML) declined 2.42% or 0.06 points to end at 2.42 and Dollarama Inc (TSX:DOL) shed 2.06% or 2.04 points to 97.04.

Advancing stocks outnumbered falling ones by 786 to 228 and 84 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 23.32% to 7.76 a new 52-week low.

In commodities trading, Gold Futures for February delivery was up 2.42% or 48.30 to $2,041.50 a troy ounce. Meanwhile, Crude oil for delivery in January rose 1.73% or 1.19 to hit $69.80 a barrel, while the February Brent oil contract rose 1.88% or 1.38 to trade at $74.62 a barrel.

CAD/USD was unchanged 0.61% to 0.74, while CAD/EUR unchanged 0.16% to 0.68.

The US Dollar Index Futures was down 0.91% at 102.52.

This article first appeared in Investing.com

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media LLC (Kalkine Media, we or us) and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures/music displayed/used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it, as necessary.