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Canada stocks higher at close of trade; S&P/TSX Composite up 0.44%

by December 31, 2024
written by December 31, 2024

Investing.com – Canada stocks were higher after the close on Tuesday, as gains in the Energy, Telecoms and Materials sectors led shares higher.

At the close in Toronto, the S&P/TSX Composite gained 0.44%.

The best performers of the session on the S&P/TSX Composite were Brookfield Business Partners LP (TSX:BBU_u), which rose 7.11% or 2.25 points to trade at 33.90 at the close. Meanwhile, Parex Resources Inc (TSX:PXT) added 6.66% or 0.91 points to end at 14.58 and Cargojet Inc (TSX:CJT) was up 5.37% or 5.50 points to 107.87 in late trade.

The worst performers of the session were Tilray Inc (TSX:TLRY), which fell 3.06% or 0.06 points to trade at 1.90 at the close. Denison Mines Corp (TSX:DML) declined 1.88% or 0.05 points to end at 2.61 and Celestica Inc. (TSX:CLS) was down 1.59% or 2.14 points to 132.66.

Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 730 to 187 and 79 ended unchanged.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was up 4.53% to 12.22.

Gold Futures for February delivery was up 0.79% or 20.60 to $2,638.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 1.16% or 0.82 to hit $71.81 a barrel, while the March Brent oil contract rose 1.16% or 0.85 to trade at $74.42 a barrel.

CAD/USD was unchanged 0.32% to 0.69, while CAD/EUR unchanged 0.49% to 0.67.

The US Dollar Index Futures was up 0.29% at 108.25.

This post appeared first on investing.com
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