Canada shares higher at close of trade; S&P/TSX Composite up 0.81%

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

At the close in Toronto, the S&P/TSX Composite gained 0.81% to hit a new all time high.

The biggest gainers of the session on the S&P/TSX Composite were SilverCrest Metals Inc (TSX:SIL), which rose 9.69% or 1.22 points to trade at 13.81 at the close. Shopify Inc (TSX:SHOP) added 5.60% or 5.93 points to end at 111.91 and Orla Mining Ltd (TSX:OLA) was up 5.42% or 0.30 points to 5.83 in late trade.

Biggest losers included NovaGold Resources Inc (TSX:NG), which lost 5.27% or 0.26 points to trade at 4.67 in late trade. Interfor Corp (TSX:IFP) declined 3.49% or 0.72 points to end at 19.90 and Innergex Renewable Energy Inc . (TSX:INE) shed 2.59% or 0.27 points to 10.15.

Advancing stocks outnumbered falling ones by 556 to 363 and 99 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 8.63% to 10.69.

In commodities trading, Gold Futures for December delivery was down 0.30% or 7.95 to $2,671.25 a troy ounce. Meanwhile, Crude oil for delivery in November rose 1.32% or 0.97 to hit $74.68 a barrel, while the December Brent oil contract rose 0.84% or 0.65 to trade at $78.27 a barrel.

CAD/USD was unchanged 0.14% to 0.74, while CAD/EUR unchanged 0.36% to 0.67.

The US Dollar Index Futures was up 0.48% at 102.24.