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Canada stocks higher at close of trade; S&P/TSX Composite up 0.89%

by January 17, 2025
written by January 17, 2025

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

At the close in Toronto, the S&P/TSX Composite added 0.89%.

The best performers of the session on the S&P/TSX Composite were First Majestic Silver Corp. (TSX:AG), which rose 4.98% or 0.40 points to trade at 8.44 at the close. Meanwhile, Richelieu Hardware Ltd. (TSX:RCH) added 4.89% or 1.93 points to end at 41.42 and Cameco Corp (TSX:CCO) was up 4.83% or 3.44 points to 74.67 in late trade.

The worst performers of the session were BlackBerry Ltd (TSX:BB), which fell 4.30% or 0.26 points to trade at 5.78 at the close. Bombardier Inc (TSX:BBDb) declined 2.43% or 2.20 points to end at 88.24 and BRP Inc (TSX:DOO) was down 2.43% or 1.87 points to 75.19.

Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 562 to 367 and 99 ended unchanged.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was unchanged 0.00% to 13.63 a new 3-months high.

Gold Futures for February delivery was down 0.43% or 11.71 to $2,739.19 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 0.50% or 0.39 to hit $77.46 a barrel, while the March Brent oil contract fell 0.58% or 0.47 to trade at $80.82 a barrel.

CAD/USD was unchanged 0.55% to 0.69, while CAD/EUR unchanged 0.25% to 0.67.

The US Dollar Index Futures was up 0.38% at 109.23.

This post appeared first on investing.com
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