Canada shares higher at close of trade; S&P/TSX Composite up 1.16%

Investing.com – Canada equities were higher at the close on Thursday, as gains in the IT, Energy and Materials sectors propelled shares higher.

At the close in Toronto, the S&P/TSX Composite added 1.16% to hit a new all time high.

The biggest gainers of the session on the S&P/TSX Composite were Ivanhoe Mines Ltd. (TSX:IVN), which rose 6.53% or 1.17 points to trade at 19.10 at the close. Celestica Inc. (TSX:CLS) added 5.61% or 3.58 points to end at 67.38 and Lundin Mining Corporation (TSX:LUN) was up 5.60% or 0.71 points to 13.38 in late trade.

Biggest losers included Hydro One Limited (TSX:H), which lost 2.67% or 1.26 points to trade at 45.94 in late trade. TC Energy Corp (TSX:TRP) declined 2.65% or 1.66 points to end at 61.03 and Wesdome Gold Mines Ltd. (TSX:WDO) shed 2.58% or 0.34 points to 12.82.

Advancing stocks outnumbered falling ones by 648 to 271 and 107 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 10.44% to 10.64.

In commodities trading, Gold Futures for December delivery was up 0.51% or 13.35 to $2,611.95 a troy ounce. Meanwhile, Crude oil for delivery in November rose 1.76% or 1.23 to hit $71.11 a barrel, while the November Brent oil contract rose 1.60% or 1.18 to trade at $74.83 a barrel.

CAD/USD was unchanged 0.33% to 0.74, while CAD/EUR unchanged 0.06% to 0.66.

The US Dollar Index Futures was up 0.07% at 100.36.