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

Investing.com – Canada stocks were higher after the close on Friday, as gains in the IT, Telecoms and Industrials sectors led shares higher.

At the close in Toronto, the S&P/TSX Composite rose 0.41% to hit a new all time high.

The best performers of the session on the S&P/TSX Composite were Cogeco Communications Inc (TSX:CCA), which rose 4.74% or 3.17 points to trade at 70.00 at the close. Meanwhile, Denison Mines Corp (TSX:DML) added 4.01% or 0.13 points to end at 3.37 and South Bow Corp (TSX:SOBO) was up 3.21% or 1.15 points to 36.96 in late trade.

The worst performers of the session were Brookfield Business Partners LP (TSX:BBU_u), which fell 1.68% or 0.62 points to trade at 36.39 at the close. Maple Leaf Foods Inc . (TSX:MFI) declined 1.64% or 0.38 points to end at 22.75 and Parkland Fuel Corporation (TSX:PKI) was down 1.61% or 0.59 points to 36.15.

Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 642 to 289 and 92 ended unchanged.

Shares in Denison Mines Corp (TSX:DML) rose to 5-year highs; up 4.01% or 0.13 to 3.37.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was up 4.63% to 11.07.

Gold Futures for February delivery was up 0.34% or 8.99 to $2,673.79 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 0.84% or 0.58 to hit $68.14 a barrel, while the February Brent oil contract fell 0.98% or 0.71 to trade at $72.07 a barrel.

CAD/USD was unchanged 0.11% to 0.71, while CAD/EUR unchanged 0.12% to 0.68.

The US Dollar Index Futures was down 0.24% at 105.79.