Canadian Share Market Ends Higher, S&P/TSX Composite Gains 1.04%


On Tuesday, the Canadian stock market settled the day higher, with S&P/TSX Composite surging 1.04% at the Toronto exchange, with gains primarily helmed by IT, utilities, and consumer staples sectors.

The top performers on the S&P/TSX Composite were Metro Incorporation which gained 3.09 points, or 5.11%, to settle at 63.57, Aritzia Incorporation surging 0.78 points, or 4.68%, to 17.45 in the late session, and Aurora Cannabis which advanced 1.280 points, or 15.15%, to trade at 9.730 at the end.

Similarly, the biggest losers included Trillium Therapeutics which slumped 0.72 points, or 3.57%, to trade the session at 19.43, Bausch Health Companies declined 3.41% or 0.75 points to trade at 21.24, and Eldorado Gold Corporation, losing 4.32% or 0.64 points to late trade at 14.19.
Overall, gainers dominated the losers by 612 to 411, with 126 closings unchanged at the Toronto stock exchange.

Meanwhile, in the commodities section, December gold futures plunged 4.65 points or 0.24% to $1905.95 a troy ounce, November delivery for oil futures gained 0.26 points or 0.66% to trade at $39.80 per barrel, with Brent November future surging 0.29 or 0.70% to trade at $41.73 per barrel.
The US dollar index futures was at 93.985, or 0.32% up.

CAD/EUR and CAD/USD were both up with former rising 0.06% and latter gaining 0.59% to trade at 0.7518 and 0.6420.


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