Canada stocks higher at close of trade; S&P/TSX Composite up 0.41%

  • January 20, 2025
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Investing.com – Canada stocks were higher after the close on Monday, as gains in the Energy, Materials and Industrials sectors led shares higher.

At the close in Toronto, the S&P/TSX Composite gained 0.41% to hit a new 1-month high.

The best performers of the session on the S&P/TSX Composite were Bombardier Inc (TSX:BBDb), which rose 7.17% or 6.33 points to trade at 94.57 at the close. Meanwhile, MEG Energy Corp (TSX:MEG) added 6.27% or 1.48 points to end at 25.08 and TerraVest Industries Inc (TSX:TVK) was up 5.16% or 6.35 points to 129.53 in late trade.

The worst performers of the session were Kinaxis Inc (TSX:KXS), which fell 1.84% or 3.24 points to trade at 172.41 at the close. Toronto Dominion Bank (TSX:TD) declined 0.93% or 0.77 points to end at 82.36 and Atco Ltd (TSX:ACOx) was down 0.87% or 0.41 points to 46.91.

Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 634 to 273 and 95 ended unchanged.

Shares in TerraVest Industries Inc (TSX:TVK) rose to all time highs; up 5.16% or 6.35 to 129.53.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was up 8.14% to 14.74 a new 3-months high.

Gold Futures for February delivery was down 0.61% or 16.90 to $2,731.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 1.29% or 1.00 to hit $76.39 a barrel, while the March Brent oil contract fell 1.16% or 0.94 to trade at $79.85 a barrel.

CAD/USD was up 1.04% to 0.70, while CAD/EUR unchanged 0.22% to 0.67.

The US Dollar Index Futures was down 1.17% at 107.92.

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